Crypto Market Sees Slight Downturn Amid Fear Among Investors

The crypto market is experiencing a modest dip, as the latest 24-hour data suggests. Hence, the total crypto market capitalization has plunged by 0.57% to reach $2.56T. However, the 24-hour crypto market volume has surged by 9.10%, hitting $67.13B. At the same time, the Crypto Fear & Greed Index accounts for 39 points, expressing “Fear” among the crypto investors.

Bitcoin ($BTC) Drops by 0.39% and Ethereum ($ETH) Witnesses 0.42% Dip

Particularly, the flagship cryptocurrency, Bitcoin ($BTC), has plunged by 0.39%. This drop has pushed $BTC’s price down to $76,787.04 while its market dominance stands at 60.0%. In addition to this, the top altcoin, Ethereum ($ETH), is now changing hands at $2,097.58, displaying a 0.42% drop. In the meantime, $ETH’s market dominance sits at 9.9%.

$BPX, $PEPE, and $BEER Lead Crypto Gainers of Day

Apart from that, the leading crypto gainers of the day include Black Phoenix ($BPX), PEPE AI ($PEPE), and Beers ($BEER). Specifically, $BPX has jumped by a staggering 4361.36%, touching $0.2560 in price. Following that, a 572.85% increase has placed $PEPE’s price at $0.0003625. Subsequently, $BEER is hovering around $0.0003826, indicating a 485.33% rise.

DeFi TVL Surges by 0.09% and NFT Sales Volume Records 30.88% Rise

Simultaneously, the DeFi market has witnessed a 0.09% increase, claiming $81.707B. Nonetheless, the top DeFi project in terms of TVL, Lido, has dropped by 0.24%, attaining the 418.526B mark. On the other hand, when it comes to 1-day TVL change, Valas Finance emerges as the top DeFi project, accounting for a stunning +7664375169325865984% jump over the past twenty-four hours.

In the same vein, the NFT Sales Volume has spiked by 30.88%, reaching $8,057,432. Additionally, the top-selling NFT collection, $X@AGI BRC-20 NFTs, is 482997.66% up at $1,889,347.

Harvard Exits $87M $ETH ETF, Japan Approves Blockchain and AI Finance Proposal

Concurrently, the crypto industry has also witnessed many other key developments across the globe over the past 24 hours. In this respect, Harvard University has completely pulled back from the $87M $ETH ETF position within 1 quarter.

Moreover, the X Layer of OKX has introduced the Exchange OS upgrade to enable the creation of customized crypto markets for consumers. Furthermore, Japan has authorized a policy proposal to develop a cutting-edge financial system driven by blockchain technology and AI.