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Crypto Market Enters Deeper ‘Fear’ Sentiment as Top Assets Show Huge Dips

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The past 24 hours have witnessed considerable plunges across the crypto market. Hence, the total crypto market capitalization has reached $2.91T after a 1.08% decrease. However, the 24-hour crypto volume has surged by 18.59%, touching $116.71B. At the same time, the Crypto Fear & Greed Index is standing at 22 points, displaying significant “Fear” across the market.

Bitcoin Surges by 0.16% while Ethereum, $BNB, and $XRP Record 3.33%, 3.02%, and 3.809% Dips

Particularly, the flagship cryptocurrency, Bitcoin ($BTC), has seen a slight 0.16% increase to reach $86,572.63 mark in price. In addition to this, its market dominance is 59.4%. Nonetheless, Ethereum ($ETH) has dropped by 3.33%, pushing its price back to $2,827.36. Additionally, its market dominance accounts for 11.7%. In the meantime, $BNB and $XRP have also gone through 3.02% and 3.809% slumps at $832.05 and $1.83.

$TRUMP, $DOGS, and $BEER Lead Top Crypto Gainers of Day

Apart from that, the top crypto gainers of the day take into account PEPE ($TRUMP), HARRIS DOGS ($DOGS), and Beers ($BEER). Specifically, with a 509.38% rise, $TRUMP has touched $0.000006670. Following that, $DOGS is now hovering around $0.003504 after a 482.61% increase. Subsequently, with a 430.90% jump, $BEER’s price is nearly $0.03271.

DeFi TVL Dips by 2.27%, Whereas NFT Sales Volume Sees 8.04% Decrease

Simultaneously, the DeFi TVL has recorded a 2.27% plunge, hitting $116.717B. Additionally, the top DeFi project, Aave , has gone through a 2.61% drop to reach $32.456B. Nonetheless, when it comes to 1-day TVL change, Brise Swap stands atop others in the DeFi market, accounting for a staggering 4172242211650799104% over the past twenty-four hours.

Along with that, an 8.04% plunge has dropped the NFT sales volume to $9,753,006. Contrarily, the top-selling NFT collection, TokenVestingPlans, has made a 64798.83% spike, claiming the $704,341 mark.

Whale Loses $27.3M in Key Breach, World Liberty Backs $USD1

Moving on, the crypto industry has experienced several other influential developments over 24 hours. In this respect, a whale multisig wallet has undergone a breach that resulted in drainage of $27.3M because of compromised private keys.

Moreover, the competition regulator of India has authorized Coinbase’s minority stake in the prominent Indian crypto entity, CoinDCX. Furthermore, Trump family-led World Liberty Financial plans to utilize five percent of the $WLFI treasury for the growth of the native $USD1 stablecoin.

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