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

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.