Crypto Market Records Short-Term Pullback and Key Assets Turn Red

The crypto market is going through a wide pullback with significant dips in the key assets’ prices. Hence, the total crypto market capitalization has dropped by 2.68%, reaching $3.62T. However, the 24-hour crypto volume has touched $128.87B after a 46.15% increase. Concurrently, the Crypto Fear & Greed Index stands at 36 points, while endeavoring to surge above the “Fear” zone.

Bitcoin Drops by 2.28% and Ethereum Sees 3.99% Slump

Particularly, Bitcoin ($BTC) is changing hands at $107,778.38. This price level indicates 2.28% drop while the market dominance of the leading crypto asset is 59.5%. Additionally, Ethereum ($ETH) is trading at $3,740.15, presenting a 3.99% drop. Along with that, its market dominance accounts for 12.5%.

$CATX, $TSLA, and $GROK Dominate Daily Crypto Gainers

Apart from that, CATX ($CATX), Tesla ($TSLA), and SORA GROK ($GROK) are the leading names among the top crypto gainers. Specifically, $CATX has jumped by a staggering 2918.07%, reaching $0.000006125. Following that, $TSLA is trading at $0.4258 led by a 736.95% rise. Subsequently, $GROK’s price is now hovering around $1.84, after a 520.17% increase.

DeFi TVL Records 1.98% Plunge While NFT Sales Volume Experiences 27.71% Jump

Simultaneously, the DeFi TVL has plunged by 1.98%, attaining the $147.057B mark. Additionally, the top DeFi project in terms of TVL, Aave, has dipped to $37.275B due to a 1.79% decrease. Nevertheless, when it comes to 1-day TVL change, pSTAKE Finance leads the market, accounting for 29324807% rise over twenty-four hours.

At the same time, the NFT sales volume has surged to $12,211,887 as a result of 27.71% spike. However, the top-selling NFT collection, DMarket, has slumped by 12.35%, claiming $1,066,030.

Australian Police Seize $37.9M in Crypto Crime as Warren’s Lawyer Denies CZ Defamation Claims

Moving on, the crypto market has recorded many other notable developments over 24 hours. In this respect, Australian police department, in collaboration with FBI, has arrested fifty-five people linked to a huge crypto-linked crime ring, seizing $37.9M.

Moreover, Hong Kong authorities are planning to permit cryptocurrency exchanges to reach worldwide liquidity pools. Furthermore, the lawyer of the U.S. Senator Elizabeth Warren has rejected the defamation threat claims of Chanpeng Zhao, the Binance founder, asserting that the post shared by her was based on facts.