Crypto Market Shows Mixed Signals Amidst Growing Uncertainty

The crypto market is experiencing a blend of positive and negative trends, reflecting increased uncertainty in the sector. The overall cryptocurrency market capitalization has reached $3.31 trillion after a 0.52% decrease, while 24-hour trading volume dipped to $103.18 billion, down 2.16%. Despite this, the crypto Fear & Greed index remains neutral at 55 points. Bitcoin and Ethereum have experienced minor price drops of 0.32% and 0.55%, respectively, with Bitcoin currently trading around $105,133.87 and Ethereum hovering near $2,628.30. Meanwhile, altcoins like Black Phoenix ($BPX) and Coinstar ($CSTAR) have seen significant gains, with $BPX up over 4508% and $CSTAR surging by 3283.79%. On the flip side, NFT sales volume has increased by 9.13%, reaching $18.399 million, while DeFi TVL saw a modest rise of 0.39%, With HipPowSwap leading the pack in this regard.