The crypto market is undergoing a sharp downturn, as the latest 24-hour data points out. Thus, the cumulative crypto market capitalization has seen a 2.95% dip, reaching $3.02T. However, the 24-hour crypto volume presents a 57.37% rise, hitting $146.02B. On the other hand, the Crypto Fear & Greed Index stands at 32 points, indicating the growing “Fear” sentiment among the investors.
Bitcoin ($BTC) Sees 2.26% Drop and Ethereum ($ETH) Witnesses 5.67% Decrease
Particularly, the leading crypto asset, Bitcoin ($BTC), has dipped by 2.26%. As a result, its price is currently hovering around $89,500.20 while its market dominance is 59.2%. Additionally, the flagship altcoin, Ethereum ($ETH), is trading at $2,981.09, highlighting a 5.67% decrease. In the meantime, $ETH’s market dominance accounts for 11.9%.
$PF, $DOGS, and $BEER Top Crypto Gainers of Day
At the same time, the list of today’s top crypto gainers includes Purple Frog ($PF), HARRIS DOGS ($DOGS), and Beers ($BEER). Specifically, $PF has surged by a staggering 4033.52%, touching $0.002197. Subsequently, a 1829.39% rise has placed $DOGS’ price at $0.007938. Following that, $BEER has jumped by 1235.75% to reach $0.0008063.
DeFi TVL Plunges by 4.82% Whereas NFT Sales Volume Climbs by 70.89%
Simultaneously, the DeFi TVL has dropped by 4.82%, attaining the $120.409B mark. Additionally, the top DeFi project in terms of TVL, Aave, has slumped by 7.10%, reaching $33.151B. Nonetheless, when it comes to 1-day TVL change, TaraPerps sits in the top position within the DeFi landscape, claiming a stunning 248419% increase over the past twenty-four hours.
In the same vein, the NFT sales volume has climbed by 70.89%, with the total figure sitting at $23,136,766. Along with that, the top-selling NFT collection, Flying Tulip PUT, is now accounting for $14,144,263 after a 235637.71% climb.
Galaxy Group Plans $100M Crypto Fund as Trend Research Bets $2B on $ETH
Concurrently, the crypto market has also witnessed several other key developments over 24 hours. In this respect, the Galaxy Group is launching $100M crypto hedge fund during Q1 2026. Moreover, Trend Research is deploying huge $2B $ETH position despite the massive market pullback. Furthermore, Solana Mobile is unveiling $SKR token airdrop for the developers and consumers of the Seeker phone.
Source: https://blockchainreporter.net/crypto-market-plunges-as-fear-index-rises/