The crypto market slips as Bitcoin ($BTC) and Ethereum ($ETH) decline as fear rises, while select tokens surge and global developments shape sentiment further.The crypto market slips as Bitcoin ($BTC) and Ethereum ($ETH) decline as fear rises, while select tokens surge and global developments shape sentiment further.

Crypto Landscape Undergoes Sideways Movements Amid Persistent Fear

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The crypto sector has recently experienced a dip as the top assets are showing price dips. Hence, the crypto market capitalization has reached $3.08T after a 2.60% decrease over the past 24 hours. However, the 24-hour crypto volume has jumped by 6.57% to hit $157.48B. At the same time, the Crypto Fear & Greed Index stands at 29 points, displaying “Fear.”

Bitcoin Drops by 2.71% and Ethereum Witnesses 3.84% Plunge

Particularly, the top crypto asset, Bitcoin ($BTC), is trading at $90,127.73. This price accounts for a 2.71% decrease while the market dominance of $BTC is 58.6%. Additionally, the top altcoin, Ethereum ($ETH), is hovering around $3,196.66, showing a 3.84% dip. In the meantime, the market dominance of Ethereum ($ETH) is nearly 12.6%.

$DOGEX, $CATX, and $TRUMP Dominate Daily Crypto Gainers

Apart from that, the list of key crypto gainers of the day includes DOGEX ($DOGEX), CATX ($CATX), and MAGA ($TRUMP). Specifically, $DOGEX has surged by a staggering 4451.12%, reaching $0.0000005464. Following that, $CATX enjoys a 3312.62% increase at $0.000005148. Subsequently, a 1685.27% rise has placed $TRUMP’s price at $0.01964.

DeFi TVL Records 2.85% Dip While NFT Sales Volume Surges by 1.45%

Simultaneously, the DeFi TVL has dropped by 2.85%, claiming the $120.584B spot. Additionally, the top-selling DeFi project, Aave, currently sits at $32.942B. On the other hand, when it comes to 1-day TVL change, Brise Swap has captured the top position within the DeFi market, accounting for 41443778474137864704% jump over the past twenty-four hours.

In the same vein, the NFT sales volume has spiked by 1.45%, attaining the $9,709,984 mark. Even then, the top-selling NFT collection, DMarket, has slumped by 37.34%, reaching $618,697.

Gemini Gets CFTC Permission for U.S.-Wide Prediction Markets, Tether Supports €70M Funding for Humanoid Robots in Italy

Moving on, the crypto sector has also seen several other influential developments across the globe. In this respect, Gemini has received CFTC approval for prediction markets within the U.S. jurisdiction. Moreover, Xiaomi is launching pre-installed cryptocurrency wallets on smartphones in collaboration with Sei. Furthermore, Tether has backed a staggering €70M funding round to drive industrial humanoid robots in Italy.

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