The cryptocurrency bull market is showing mostly bullish price actions across the board, as Bitcoin dominance continues to rise. Some segments and specific cryptocurrencies are experiencing much larger increases. Yet the total market cap and 24-hour trading volume have dipped a bit over these past seven days. DeFi An overall DeFi market has seen a slight decline despite the crypto investors showing increasing greed in sentiment.

DeFi Market Experiences Slight Dip

The decentralized finance (DeFi) market has experienced a slight 1.33% drop in its Total Value Locked (TVL). The current TVL stands at $117.346 billion. Ranked third to AAVE in the DeFi space is RUNE/TERRAS, representing $24.329 billion in TVL.

Titan Protocol has been a surprising standout gainer on daily TVL growth relative to other projects. The protocol now has a phenomenal 119494% growth logged. This time of explosive development points to an excitement and investment in the platform.

Top Gainers and Market Sentiment

Among individual cryptocurrencies, $PIPPIN and $PI have been the biggest gainers on the day. $PIPPIN has been on a phenomenal 75.0% increase in the last 24 hours. Its price has reached $0.0447. This performance is yet another indicator of how volatile the crypto-market can be.

The Fear & Greed Index now stands at 70 points, indicating “greed” of investors. That represents an interesting shift in sentiment, including a greater readiness to embrace risk. It reflects optimism about potential market gains.

Market Capitalization and Trading Volume

For reference, the entire crypto market cap is currently $3.48 trillion. This represents a slight decrease of 0.46%. The crypto market has seen a global trading volume of $124.29 billion in the last 24 hours. This figure shows a decrease of 12.96%. Bitcoin's market dominance is currently at 59.23%.