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Crypto Market Displays Mixed Price Trends Amid Rise in Bitcoin Dominance

By: blockchainreporter|2025/05/12 17:00:16
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The worldwide crypto landscape is currently experiencing mixed trends amid Bitcoin’s ($BTC) growing market dominance. As per the new market data, the total crypto market capitalization has touched $3.48T after a 0.46% decrease, while the total crypto trading volume has reached $124.29B following a 12.96% decrease. Apart from that, the Fear & Greed Index accounts for 70 points, highlighting a noteworthy “greed” in the crypto market.Bitcoin Attains $103,913 Mark While Ethereum Stands at $2,509The top cryptocurrency Bitcoin ($BTC) is now trading at $103,913 after a slight 0.24% price dip recorded over the past twenty-four hours. Additionally, the market dominance of Bitcoin is standing at 59.23%. Concurrently, the current price of Ethereum ($ETH) is hovering around $2,509 following a 1.40% drop, whereas its market dominance is nearly 9.1%.$PIPPIN and $PI Dominate Crypto GainersIn addition to this, the top daily crypto gainers include $PIPPIN and $PI. Leading small-cap crypto assets, $PIPPIN has seen a 75.0% rise over 24 hours. As a result of this, its price has reached the $0.0447 mark. Along with that, $PI’s price has reached $1.26. This price level indicates a cumulative 31.3% increase throughout the past 24 hours.DeFi TVL Dips by 1.33% Whereas NFT Sales Volume Soars by 2.48%Simultaneously, the DeFi market now accounts for a minor plunge of 1.33% in its TVL, which has touched $117.346B. The DeFi project in terms of TVL is AAVE, as it accounts for $24.329B. Nonetheless, Titan Protocol enjoys the top position in terms of daily TVL growth while expressing a 119494% increase.On the other hand, the NFT sector shows a 2.48% jump as its sales total sales volume has reached $16,454,918. Particularly, Courtyard maintains its status as the top NFT collection based on sales volume, irrespective of a 16.34% decline.Metaplanet Buys $126.7M in $BTC and Ledger Reinstates Discord Server After Phishing ScamAmid this mixed performance in the crypto market, T-Rex, Sonic, and GoQuant have carried out effective funding rounds, collecting $17M, $10M, and $4M respectively. Concurrently, Metaplanet Inc. has acquired $126.7M more in $BTC, raising its Bitcoin holdings to 6,796 $BTC.Moreover, Ledger has recently recovered its Discord server following a phishing scam that hit its moderator. Furthermore, Lido Finance has asserted that its protocol is completely secure after a recent oracle attack.

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