Crypto Market Further Dips as Top Assets Show Consistent Decline

The crypto market is experiencing a continuous decline, as the latest 24-hour data suggests. Hence, the cumulative crypto market capitalization has dropped to $3.68T after a 3.18% decrease. However, the 24-hour crypto volume has seen a 5.56% jump, reaching $181.41B. At the same time, the Crypto Fear & Greed Index is still in the “Fear” zone while sitting at 34 points.

Bitcoin Drops by 3.65% and Ethereum Sees 3.62% Drop

Particularly, the leading crypto asset, Bitcoin ($BTC), has gone through a 3.65% dip. As a result of this, its price now accounts for $108,810.79, while its market dominance is 58.8%. In addition to this, the flagship altcoin, Ethereum ($ETH), is changing hands at $3,872.52. This price level indicates a 3.62% decline, while Ethereum’s market dominance is 12.7%.

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class="wp-block-heading">$BPX, $CATX, and $TRUMP Dominate Crypto Gainers

Apart from that, Black Phoenix ($BPX), CATX ($CATX), and PEPE ($TRUMP) are the leading among the key crypto gainers. Specifically, $BPX has jumped by a staggering 3114.61% to reach $2.68. Following that, $CATX is now trading at $0.000004247 after a 1933.18% rise. Subsequently, $TRUMP’s 497.85% increase has placed its price at $0.000001289.

DeFi TVL Plunges by 0.12% and NFT Sales Volume Records 4.27% Dip

Simultaneously, the DeFi TVL has dropped by 0.12% to attain the $153.236B mark. Additionally, the top DeFi project in terms of TVL, Aave, has witnessed a 0.73% dip, touching $38.805B. Nonetheless, when it comes to 1-day TVL change, zkBoost remains atop the others, claiming a 228353% spike over twenty-four hours.

Concurrently, the NFT sales volume has plunged by 4.27%, accounting for $14,581,691. On the other hand, the top-selling NFT collection, DX Terminal, has surged by 24.19%, hitting $2,003,078.

Consensys Plans IPO with Goldman & JPMorgan; CZ to Sue Senator Warren

Moving on, the crypto market has also gone through many other influential developments across the globe. In this respect, Consensys has selected Goldman Sachs and JPMorgan for its IPO. Moreover, the Binance founder, Changpeng Zhao, has threatened Senator Elizabeth Warren to sue her for her defamation claims against him. Furthermore, the European Central Bank is pushing for the release of the central bank digital currency (CBDC), digital euro, by the year 2029.