Crypto Market Drops as Key Crypto Assets Record Notable Plunges

The crypto landscape has recently gone through substantial decline as evidenced by the prices of the top crypto assets. The crypto market data discloses a 2.30% dip in the overall crypto market capitalization that has touched $3.21T. On the other hand, the 24-hour crypto volume has surged by 43.17% to reach the $145.89B mark while the crypto Fear & Greed index remains neutral at 46 points.

Bitcoin and Ethereum Record 1.42% and 6.05% Price Drops

Particularly, the top crypto asset Bitcoin ($BTC) has seen a 1.42% price decrease during the past twenty-four hours to reach $103,191.36 in terms of price. Apart from that, the market dominance of Bitcoin ($BTC) stands at 63.7%. Simultaneously, Ethereum ($ETH) has noted a 6.05% dip as its price has reached $2,459.30. Additionally, its market dominance is 9.2%.

$CAT, $AXR, and $PEOPLE Lead Daily Crypto Gainers

In addition to this, the top crypto gainers of the day include NOT ($CAT), Axelrod ($AXR), and MAGA ($PEOPLE) in the top positions. $CAT’s price accounts for a 627.37% increase to touch the $0.0004207 mark. Following that, $AXR has witnessed a 559.58% increase, reaching $0.0002404. Subsequently, $PEOPLE is changing hands at $0.0005527, denoting a 463.20% increase.

DeFi TVL Slumps by 3.52% While NFT Sales Volume Dips by 18.65%

Just like the broader crypto market, the DeFi sector also presents a 3.52% dip in TVL which has attained the $108.621B mark. Specifically, the top DeFi project is AAVE with its TVL reaching $24.199B. However, in terms of 1-day TVL change, zkBoost has recorded a staggering 211792% rise over past twenty-four hours.

On the other hand, the non-fungible token (NFT) landscape displays an 18.65% dip in sales volume at 16,769,353. Additionally, Guild of Guardians has taken the top position among NFT collections while accounting for $2,039,499 in sales volume.

Metaplanet Acquires $1,088 $BTC, Whereas Bitpro Confirms Massive $11M Exploit

However, despite the overall market downturn, several notable crypto developments have taken place recently. Thus, in an eye-raising portfolio expansion, Metaplanet has acquired 1,088 $BTC, doubling its holdings to 8,888 $BTC.

Along with that, Trump Media Group has filed a $2.3B S-3 registration statement under the U.S. SEC in terms of a Bitcoin reserve plan. Moreover, Taiwan-based crypto exchange Bitpro has confirmed a $11M exploit.