Crypto Market Turns Bearish Amid Extreme Fear
The post Crypto Market Turns Bearish Amid Extreme Fear appeared on BitcoinEthereumNews.com. The crypto has again witnessed a considerable dip over the past 24 hours. Thus, the total crypto market capitalization has hit $3T after a 0.84% drop. In addition to this, the 24-hour crypto volume has also decreased by 10.83%, reaching $136.76B. Concurrently, the Crypto Fear & Greed Index has touched 15 points, showing “Extreme Fear” prevailed in the market. However, the market onlookers predict a rebound after this likely provisional pullback. Bitcoin Drops by 0.96% while Ethereum Jumps by 0.20% Particularly, the leading cryptocurrency, Bitcoin ($BTC), has slipped by 0.96%. As a result of this, it is now trading at $87,368.87. In addition to this, the market dominance of Bitcoin currently accounts for 58.0%. Contrarily, Ethereum ($ETH) is changing hands at $2,936.28, underscoring a 0.20% increase in price. In the meantime, the market dominance of the flagship altcoin stands at 11.8%. $AXOME, $BEER, and $FELIS Lead Crypto Gainers of Day Apart from that, today’s leading crypto gamers take into account Felis ($FELIS), Axoloti Token ($AXOME), and Beers ($BEER). Specifically, $FELIS has risen by a stunning 2525.29% to hit $0.0000005371. Following that, $AXOME’s 993.45% increase has placed its price at $0.002725. Subsequently, after a 462.63% jump, $BEER presents a 462.63% surge. DeFi TVL Sees 0.20% Plunge and NFT Sales Volume Slips by 12.43% The DeFi TVL has dropped by 0.20%, claiming the $117.739B mark. Nonetheless, the top DeFi project in terms of TVL, Aave, has witnessed a slight 0.56% rise, touching $31.661B. At the same time, the pSTAKE Finance sits at the top position when it comes to 1-day TVL change, with a staggering 36819682% increase over the past twenty-four hours. On the other hand, the NFT sales volume accounts for $9,999,394 after a notable 12.43% decrease. Even then, the top-selling NFT collection, DMarket, has spiked by 24.63%, attaining the $1,174,715…