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Crypto Market Pulls Back as Bitcoin and Ethereum Face Heavy Losses

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The global crypto sphere is presenting an uncertain outlook with massive losses across top crypto assets. Specifically, the Crypto Fear & Greed Index stands at 37 points, displaying persistent fear among the market participants. However, the market capitalization has seen a slight 1.09% increase, reaching $3.02T. Additionally, the 24-hour crypto volume highlights a 7.83% spike at $114.81B.

Bitcoin Drops by 5.81% and Ethereum Sees 6.71% Plunge

The leading crypto asset, Bitcoin ($BTC), has recorded a huge 5.81% price decrease. As a result, its price stands at $82,961.55 while the market dominance thereof accounts for 58.9%. In addition to this, the top altcoin, Ethereum ($ETH), is now trading at $2,749.77 after a 6.71% dip. In the meantime, $ETH’s market dominance is sitting at 12.0%.

$BPX, $FARTCOIN, and $DOGS Dominate Top Crypto Gainers of Day

Apart from that, the list of today’s key crypto gainers includes Black Phoenix ($BPX), FARTCOIN ($FARTCOIN), and HARRIS DOGS ($DOGS). Particularly, $BPX has jumped by a staggering 3230.60%, touching the $2.80 spot. Subsequently, $FARTCOIN’s 1846.00% rise has placed its price at $0.001687. Following that, $DOGS’s current price is hovering around $0.01134 after a 1634.01% increase.

DeFi TVL Records 5.26% Slump While NFT Sales Volume Surges by 5.69%

Simultaneously, the DeFi TVL has dropped by 5.26%, hitting the $115.447B figure. Additionally, the top DeFi project in terms of TVL, Aave , has gone through a 6.72% plunge, reaching $32.212B. Nevertheless, when it comes to 1-day TVL change, TeraPerps enjoys the leading position in the DeFi sector, claiming a stunning 134769% jump over the past twenty-four hours.

In the same vein, the NFT sales volume has also hit $9,290,487, accounting for a 5.69% growth. Even then, the top-selling NFT collection, Flying Tulip PUT, is 10.82% up at $2,281,755.

Fidelity Introduces $FIDD Stablecoin and U.S. DOJ Concludes $400M Forfeiture Concerning Crypto Mixer ‘Helix’

Concurrently, many other key developments have also taken place across the globe over 24 hours. In this respect, Fidelity, a leading asset manager, is unveiling the $FIDD stablecoin on Ethereum.

Moreover, the United States Department of Justice (DOJ) is finalizing a $400M forfeiture associated with the darknet crypto mixer Helix. Furthermore, Securitize is planning a public listing amid the rising demand for tokenized assets.

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