Crypto Market Cap Falls to $2.24T as Fear Grips Investors

The crypto industry is going through a continuous drop, as shown by the latest 24-hour data. Hence, the cumulative crypto market capitalization has reached $2.24T, indicating a 1.98% dip. However, the 24-hour crypto volume has surged by 7.82%, touching $144.64B. At the same time, the Crypto Fear & Greed Index accounts for 21 points, displaying “Fear” among the market participants.

Bitcoin ($BTC) Drops by 2.90%, and Ethereum ($ETH) Sees 1.80% Plunge

Specifically, the top crypto asset, Bitcoin ($BTC), is changing hands at $64,435.40. This price accounts for a 2.90% decline, while Bitcoin’s ($BTC) market dominance stands at 57.5%. In addition to this, the flagship altcoin, Ethereum ($ETH), is currently trading at $1,807.50, expressing a 1.80% decrease. In the meantime, the market dominance of Ethereum ($ETH) is 9.7%.

$TRUMP, $DICKBUTT, and $NYAN Lead Top Crypto Gainers of Day

Apart from that, the list of today’s leading crypto gainers includes TRUMP AI ($TRUMP), Dickbutt ($DICKBUTT), and Nyan Heroes ($NYAN). Particularly, $TRUMP has jumped by a staggering 420.47%, reaching a price level of up to $0.0004913. Following that, a 332.31% rise has placed $DICKBUTT’s price at $0.00001210. Subsequently, $NYAN is now hovering around $0.002550, indicating a 314.51% jump.

DeFi TVL Hits $73.539B after 2.42% Slump

Simultaneously, the DeFi TVL has dropped by 2.42%, claiming the $73.539B mark. Additionally, the top DeFi project in terms of TVL, Lido, is 4.89% down at $15.761B. Nonetheless, when it comes to 1-day TVL change, Nyke Finance enjoys the top position in the DeFi market, denoting a 335255% spike over the past 24 hours.

AI CEOs Warn Congress on Bio Risks, BitMine Targets ETH Accumulation

Moving on, the crypto market has also witnessed many other key developments around the world over the past twenty-four hours. In this respect, the CEOs of the leading AI platforms, including Dario Amodei, Demis Hassabis, and Sam Altman, are urging the U.S. Congress to approve policies to shield against the development of AI-powered biological weapons.

Moreover, BNB Chain is launching the AI Trading Agent Edition Hackathon with a $36K prize pool from June 3 to June 21 in partnership with Trust Wallet and CoinMarketCap. Furthermore, BitMine has submitted a filing for a $300M Preferred Stock filing to back $ETH accumulation.