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Crypto Market Drops as Key Crypto Assets Record Notable Plunges

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The crypto landscape has recently gone through substantial decline as evidenced by the prices of the top crypto assets. The crypto market data discloses a 2.30% dip in the overall crypto market capitalization that has touched $3.21T. On the other hand, the 24-hour crypto volume has surged by 43.17% to reach the $145.89B mark while the crypto Fear & Greed index remains neutral at 46 points.

Bitcoin and Ethereum Record 1.42% and 6.05% Price Drops

Particularly, the top crypto asset Bitcoin ($BTC) has seen a 1.42% price decrease during the past twenty-four hours to reach $103,191.36 in terms of price. Apart from that, the market dominance of Bitcoin ($BTC) stands at 63.7%. Simultaneously, Ethereum ($ETH) has noted a 6.05% dip as its price has reached $2,459.30. Additionally, its market dominance is 9.2%.

$CAT, $AXR, and $PEOPLE Lead Daily Crypto Gainers

In addition to this, the top crypto gainers of the day include NOT ($CAT), Axelrod ($AXR), and MAGA ($PEOPLE) in the top positions. $CAT’s price accounts for a 627.37% increase to touch the $0.0004207 mark. Following that, $AXR has witnessed a 559.58% increase, reaching $0.0002404. Subsequently, $PEOPLE is changing hands at $0.0005527, denoting a 463.20% increase.

DeFi TVL Slumps by 3.52% While NFT Sales Volume Dips by 18.65%

Just like the broader crypto market, the DeFi sector also presents a 3.52% dip in TVL which has attained the $108.621B mark. Specifically, the top DeFi project is AAVE with its TVL reaching $24.199B. However, in terms of 1-day TVL change, zkBoost has recorded a staggering 211792% rise over past twenty-four hours.

On the other hand, the non-fungible token (NFT) landscape displays an 18.65% dip in sales volume at 16,769,353. Additionally, Guild of Guardians has taken the top position among NFT collections while accounting for $2,039,499 in sales volume.

Metaplanet Acquires $1,088 $BTC, Whereas Bitpro Confirms Massive $11M Exploit

However, despite the overall market downturn, several notable crypto developments have taken place recently. Thus, in an eye-raising portfolio expansion, Metaplanet has acquired 1,088 $BTC, doubling its holdings to 8,888 $BTC.

Along with that, Trump Media Group has filed a $2.3B S-3 registration statement under the U.S. SEC in terms of a Bitcoin reserve plan. Moreover, Taiwan-based crypto exchange Bitpro has confirmed a $11M exploit.

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