Crypto Market Overview: Fear Persists, $BTC and Altcoins Face Pressure

The overall crypto market is still going through “Extreme Fear” as the Fear and Greed Index is still 25. Despite the establishment of Strategic Bitcoin Reserve (SBR) by Donald Trump, the overall market sentiment is still bearish. Today’s performance of the market is given below.

Crypto Market Reaches $2.82T in Market Cap While 24-Hour Volume Stands at $110.28B

Latest statistics reveal that the crypto market now possesses up to 32,630 assets, while its market cap has reached $2.82T. In addition to this, the 24-hour volume of the crypto sector has touched $110.28B. Particularly, Bitcoin’s price stands at $85,940, while its market dominance has surged to 60.4%. Simultaneously, its DeFi TVL is up to $137.14B in total. Apart from that, Ethereum’s price accounts for $2,131, while it has a 9.1% market dominance.

$ENA Sees a 5.51% Rise, while $MOVE, and $BCH Record 4.46% and 3.86% Dips

As per CoinMarketCap data, over the past 24 hours, several crypto assets have seen considerable gains and losses. The prominent crypto projects in this respect include $ENA, $MOVE, $BCH, $ADA, and $CRO. $ENA went through a 5.51% bounce in terms of its price. Hence, it is now changing hands at $0.4342. On the other hand, $MOVE saw a 4.46% plunge that led its price to $0.4828. Along with that, $BCH accounted for a 3.86% price dip that decreased its price to $385.01.

Likewise, $ADA’s price recorded a 9.03% slump, after which its price reached $0.7993. Another prominent name in this category is $CRO, which decreased by 2.89%. After that, its price is now changing hands at $0.08326. However, $BTC experienced a 3.69% plunge. Hence, its price has now touched $85,940. $ETH also went through a 2.32% dip. As a result of this the current price of $ETH accounts for nearly 2,146.87. Subsequently, $XRP beheld an 8.54% decrease in terms of price. Thus, its price is now up to $2.31. Concurrently, $SOL and $ADA also recorded $4.18M and 8.39% price dips.

$BTC, $ETH, and $XRP See $295.57M, $54.47M, and $19.11M in Liquidations

The 24-hour liquidations in the crypto market include the top players, including $BTC, $ETH, $XRP, $SOL, and $ADA. Particularly, $BTC has accounted for $295.57M in liquidations. Apart from that, $ETH’s liquidations have reached the $54.47M mark over the recent twenty-four hours. Additionally, $XRP and $SOL have recorded $19.11M and $17.18M in liquidations. Furthermore, up to $12.19M was liquidated from $ADA.