Crypto Market Sees Slight Dip Amid Short-Term Uncertainty

The crypto market has recently gone through a minor dip amid the wider uncertainty. In this respect, the total crypto market capitalization has experienced a 0.44% decrease to reach the $4.08T mark. In addition to this, the 24-hour crypto volume has also plunged by 29.18%, reaching $151.4B. Concurrently, the Crypto Fear & Greed Index is “Neutral,” while sitting at 52 points.

Bitcoin Dips by 0.31% and Ethereum ($ETH) Sees 1.12% Decrease

Particularly, the top cryptocurrency, Bitcoin ($BTC), has seen a 0.31% drop in price. As a result of this, its current price level is $116,931.84 while its market dominance stands at 57.1%. Similarly, Ethereum ($ETH) has dipped by 1.12% in the meantime. Hence, its present price level is $4,539.70 while the market dominance of the leading altcoin is 13.4%.

$BSP, $BEER, and $MAGA Lead Crypto Gainers of Day

Apart from that, the top crypto gainers of the day include Ballswap ($BSP), Beers ($BEER), and TRUMP MAGA ($MAGA). Specifically, $BSP has seen a staggering 1232.27% increase as its price has reached $0.000003934. Subsequently, $BEER has witnessed a 507.69% rise, while hovering around $0.001127. Following that, $MAGA is now trading at $366.51, denoting a 453.64% increase.

DeFi TVL Surges by 0.04% and NFT Sales Volume Records 6.64% Increase

Simultaneously, the DeFi TVL has recorded a 0.04% spike, touching the $161.894B spot. Additionally, the top DeFi project in terms of TVL, Aave, has jumped by 0.75%, attaining the $42.434B figure. However, when it comes to 1-day TVL change, Tropical Finance stands atop the others, accounting for a stunning 61671% increase over twenty-four hours.

In the same vein, the NFT sales volume has surged by 6.64%, claiming the $16,769,091 spot. Along with that, the top-selling NFT collection, Moonbirds, has spiked 100.64%, capturing $1,348,957.

Michigan Revives Bitcoin Reserve Bill, Upbit Expands with New Altcoin Listings

Moving on, the crypto industry has also recorded many other influential developments over 24 hours. In this respect, Michigan’s long-halted bid to establish a state-driven Bitcoin reserve has witnessed a significant development, as policymakers have moved House Bill 4087 forward to the Government Operations Committee.

Moreover, Upbit is broadening its market by listing the altcoins Spark ($SPK), Initia ($INIT), Resolv ($RESOLV), and Ether.fi ($ETHFI). Furthermore, Binance is planning to retire its Auto-Invest Index-Linked Plan on the 27th of November while focusing on the development of products that provide more value to consumers.