Crypto Market Pulls Back as Bitcoin and Ethereum Face Heavy Losses

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.