The crypto market has turned significantly bearish as the prices have been continuously declining over the past 24 hours. Hence, the crypto market capitalization has dropped by 0.80% to reach $3.26T. In addition to this, the 24-hour crypto volume has also seen a 5.4% dip, reaching $217.6B. At the same time, the Crypto Fear & Greed Index has slipped to 16, denoting extreme “Fear” in the market.
Bitcoin Sees 1.06% Dip and Ethereum Drops by 0.01%
Specifically, the top crypto asset, Bitcoin ($BTC), is trading at $96,193.06. This indicates a 1.06% dip while the market dominance of the leading cryptocurrency stands at 58.8%. Additionally, Ethereum ($ETH) is changing hands at $3,177.77, presenting a 0.01% dip. In the meantime, the market dominance of Ethereum ($ETH) accounts for up to 11.8%.
$AXOME, $XMONEY, and $AEGIS Dominate Crypto Gainers
Apart from that, Axoloti Token ($AXOME), X Money ($XMONEY), and Aegis Ai ($AEGIS) are the leading crypto gainers. Particularly, $AXOME has risen by a staggering 4009.66% to reach $0.0005992 in price. Subsequently, $XMONEY is now trading at $0.0000000000005025 after a 684.18% increase. Following that, a 618.19% surge has placed $AEGIS’ rice at $0.000001486.
DeFi Records 0.62% Decrease and NFT Sales Volume Plunges by 6.64%
Simultaneously, a 0.62% decline has placed the overall DeFi TVL at $127.55B. However, the top DeFi project in the case of TVL, Aave , has witnessed a 0.11% increase, touching $33.67B. Concurrently, when it comes to 1-day TVL change, pSTAKE Finance is the leading DeFi player, indicating a 32653765% spike over the past twenty-four hours.
On the other hand, the NFT sales volume has plunged by 6.64%, claiming the $11,992,332 mark. Additionally, the top-selling NFT collection, Algebra Positions NFT-V2 has slumped by 13.27%, attaining the $1,816,583 figure.
Harvard Boosts Bitcoin ETF Stake, Tether Plans $1.2B AI Robotics Investment
Moving on, several other developments have taken place in the global crypto industry over 24 hours. In this respect, the Harvard University has officially announced a noteworthy 257% increase in its $BTC ETF holdings, owning 6.81M BlackRock Bitcoin ETF shares. Moreover, Tether is planning a $1.2B investment in AI-led humanoid robots of Neura.
