Crypto Landscape Displays Caution as Investor Sentiment Enters ‘Fear’ Zone

The crypto market is going through a noteworthy downtrend, as the latest 24-hour data indicates. Thus, the total crypto market capitalization has hit the $2.56 T mark, indicating a 1.59% drop. However, the 24-hour crypto volume accounts for $66.2B with a 0.79% increase. At the same time, the Crypto Fear & Greed Index has reached 39 points, showing “Fear” among the market participants.

Bitcoin ($BTC) Dips by 1.53%, and Ethereum ($ETH) Sees 3.07% Decrease

Particularly, the leading crypto asset, Bitcoin ($BTC), is now changing hands at $76,890.23. This price level suggests a 1.53% drop, while the market dominance of $BTC is nearly 60.1%. Additionally, the top altcoin, Ethereum ($ETH), has dipped by 3.07%, hitting the price level of $2,118.74. In the meantime, Ethereum’s ($ETH) market dominance sits at 10.0%.

$BPX, $FELIX, and $GME Lead Crypto Gainers of Day

Apart from that, Black Phoenix ($BPX), Felis ($FELIS), and GameStop Coin ($GME) now stand atop the crypto gainers of the day. Specifically, $BPX has jumped by a staggering 2148.79%, touching the price of nearly $0.09094. Subsequently, $FELIS is now hovering around $0.0000002062, after a 539.54% rise. Following that, a 439.21% price increase has placed $GME’s price at 0.0001515.

DeFi TVL Slumps by 1.22% and NFT Sales Volume Goes Through 68.80% Drop

Simultaneously, the DeFi TVL has plunged by 1.22%, attaining the $833.063B spot. Additionally, the top DeFi project in terms of TVL, Lido, is 2.42% down at $18.767B. Nonetheless, when it comes to 1-day TVL change, Belief Market is the top DeFi project, claiming a stunning 137% increase over the past twenty-four hours.

On the other hand, the NFT sales volume has slumped by 68.80%, touching $7,189,295. In the same vein, the top-selling NFT collection, Courtyard, is 4.65% down at $1,058,042.

Upbit Officially Lists $TRAC, Verus Ethereum Incurs $11.58M Loss in Ethereum Bridge Exploit

Concurrently, the crypto sector has also seen many other noteworthy developments across the globe over the past 24 hours. In this respect, Upbit is listing OriginTrail ($TRAC) with $USDT, $BTC, and $KRW trading pairs.

Moreover, Verus Ethereum, a notable DeFi protocol, has reportedly lost $11.58M in an Ethereum bridge exploit. Furthermore, Grayscale and VanEck have submitted new amendments to their $BNB ETF filings with the U.S. SEC.