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The crypto market is experiencing the continuation of the downturn. Hence, the crypto market capitalization has seen a further dip of 4.32%, reaching $3.09T. However, the 24-hour crypto volume has surged by 38.25%, hitting $230.97B. At the same time, the Crypto Fear & Greed Index is still within the “Extreme Fear” zone while accounting for 15 points.
Particularly, the top crypto asset, Bitcoin ($BTC), has dropped by 5.36%. This has placed Bitcoin’s price at $89,972.36 while its market dominance is 58.1%. In the same vein, the flagship altcoin, Ethereum ($ETH), has also witnessed a 5.40% decrease as its price has hit the $3,007.31 spot. In addition to this, its market dominance is 11.7%.
Simultaneously, the top names among the prominent crypto gainers of the day include Felis ($FELIS), DOGO ($DOGO), and Beers ($BEER). Specifically, $FELIS has jumped by a staggering 3408.44% to reach $0.0000005470. Subsequently, $DOGO is now hovering around $0.000003600, led by a 1677.42% rise. Following that, a 530.84% increase has raised $BEER’s price to $0.001487.
On the other hand, the DeFi TVL has plunged by 1.93%, touching $121.077B. Similarly, the top DeFi project in terms of TVL, Aave, shows a 2.16% decline, attaining the $31.058B mark. Nonetheless, in the case of 1-day TVL surge, pSTAKE Finance is the top DeFi player, claiming a stunning 34199582% increase over the past twenty-four hours.
Additionally, the NFT sales volume has spiked by 8.93% to hit $10,214,645. Even then, the top-selling NFT collection, DMarket, has recorded a 4.49%, reaching $895,769.
Concurrently, the crypto industry has also witnessed many other noteworthy developments over 24 hours. In this respect, El Salvador has purchased the dip by accumulating 1,098 $BTC over the week.
Moreover, Anima Bank has become the earliest international banking network to provide complete crypto custody and trading services in Hong Kong. Furthermore, Mt. Gox has transacted $954M in $BTC to back creditor repayments.
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