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The crypto landscape is experiencing another dip amid the consistent bearish momentum. Thus, the total crypto market capitalization has dropped to $2.95T after a 6.55% decrease over the past 24 hours. However, the 24-hour crypto volume has witnessed a 14.68% rise, reaching $210.9B. At the same time, the Crypto Fear & Greed Index accounts for 11 points, showing “Extreme Fear.”
Particularly, the leading crypto asset, Bitcoin ($BTC), is changing hands at $86,240.46. This denotes a 7.02% decline in the top cryptocurrency’s price while its market dominance stands at 58.2%. In addition to this, Ethereum ($ETH) has seen a 7.08% decrease, with its price reaching $2,827.80. In the meantime, the flagship altcoin’s market dominance is sitting at 11.5%.
Apart from that, the prominent names among the top crypto gainers take into account Axoloti Token ($AXOME), PayAI Network ($PAYAI), and DOGEX ($DOGEX). Specifically, $AXOME has jumped by 4066.20%, with its price touching $0.0002970. Following that, after a 2326.99% rise, $PAYAI’s price is $0.01246. Subsequently, $DOGEX is trading at $0.0000001369, led by a 883.08% increase.
Simultaneously, the DeFi TVL has plunged by 4.12%, claiming the $116.487B mark. Additionally, the top DeFi project in terms of TVL, Aave, has dipped by 3.31%, attaining the $30.824B spot. Nonetheless, in the case of 1-day TVL change, the top DeFi player is pSTAKE Finace, accounting for a staggering 34974507% spike over the past twenty-four hours.
Concurrently, the NFT sales volume has gone through a 1.29% decrease, claiming the $11,161,672 figure. However, the top-selling NFT collection, DMarket, has climbed by 2.06%, hitting $874,497.
Along with that, the crypto industry has also experienced many other developments across the globe. In this respect, the UK National Crime Agency has officially exposed a big money laundering group that leverages crypto, seizing more than £25 million (nearly $33M).
Moreover, the US authorities have increased the amount of reward for information against Ryan Wedding, the former Olympian who now runs a huge drug trafficking network, from $10M to $15M. Furthermore, Kalshi has raised $1B in latest funding round amid the boom in prediction markets.
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