The uncertainty led by the rising geopolitical tensions amid the war between Iran and Israel is influencing the crypto market. In this respect, the total crypto market capitalization has reached $3.15T after a 1.48% dip. Additionally, the twenty-four-hour crypto volume stands at $108.67B following a 5.14% dip. At the same time, the crypto Fear & Greed index accounts for 40 points, indicating a neutral position.
Bitcoin and Ethereum Witness 0.53% and 5.43% Dips
The top crypto asset, Bitcoin ($BTC), has gone through a minor dip of 0.53% as its price has reached $102,849.36. In addition to this, its market dominance is 64.8% at present. Along with that, the flagship altcoin, Ethereum ($ETH), displays a 5.43% decline, with its price touching the $2,291.59 mark. Concurrently, Ethereum’s market dominance is approximately 8.8%.
$CATX, $FTW, and $BPX Lead Top Crypto Gainers
Simultaneously, CATX ($CATX), Black Agnus ($FTW), and Black Phoenix ($BPX) are the top names among the crypto gainers. Thus, $CATX is changing hands at $0.000007212 after a 2360.77% price rise. After that, $FTW has recorded a 2146.91% upsurge to reach $0.00000009150. Subsequently, $BPX is trading at $2.26, denoting a 1429.77% price increase.
DeFi TVL Plunges by 3.02% and NFT Sales Volume Drops by 0.08%
The decentralized finance (DeFi) sector also presents an analogous outlook with a 3.02% dip as its TVL has reached $106.162B. Keeping this in view, the top DeFi project, AAVE, has witnessed a 4.27% decline that has pushed its TVL down to $23.659B.
In the same vein, the non-fungible token (NFT) market is also 0.08% down as the sales volume now stands at $13,814,530. Specifically, SXY has taken the top position among the top-selling NFT collections, with its sales accounting for $6,602,254.
France Plans Strategic $BTC Reserve While Norway Imposes Restrictions on Bitcoin Mining
Overall, while the Iran-Israel conflict is taking an aggressive turn with the U.S. airstrikes, many other developments are also impacting the crypto world. In this respect, France is planning a strategic Bitcoin ($BTC) reserve in partnership with Jan3.
Moreover, Norway has imposed restrictions on Bitcoin ($BTC) mining. Furthermore, Jaz Gulati (Garden Finance’s Founder) has denied blockchain investigator ZachXBT’s accusations concerning potential involvement in Bybit attack and other illegal activities.
