Crypto Market Dips as ‘Fear’ Overwhelms Year-End Breakout Speculations

The crypto market has seen a noteworthy plunge over the past 24 hours, failing the expectations of a year-end bull run. In this respect, the total crypto market capitalization has dropped by 1.16% to reach $2.95T. In addition to this, the 24-hour crypto volume is $79.72B with a 0.01% dip. At the same time, the Crypto Fear and Greed Index accounts for 28 points, suggesting consistent dominance of “Fear” in the market.

Bitcoin ($BTC) Sees 1.56% Drop and Ethereum ($ETH) Dips by 1.32%

Particularly, the top crypto asset, Bitcoin ($BTC), is changing hands at $87,421. This price points out a 1.56% decrease, while the market dominance of Bitcoin is 59.1%. Additionally, the flagship altcoin, Ethereum ($ETH), is trading at $2,28.63, indicating a 1.32% plunge. In the meantime, the market dominance of Ethereum is up to 12.0%.

$BOME, $MAGA, and $TRUMP Lead Crypto Gainers of Day

Apart from that, the top crypto gainers of today include Book of Meme 3.0 ($BOME), TRUMP MAGA ($MAGA), and PEPE ($TRUMP) in the top positions. Specifically, $BOME has surged by 672.92%, reaching $0.0000001414. Subsequently, a 778.72% increase has placed $MAGA’s price at $0.01958. Following that, $TRUMP is now hovering around $0.000006418 after a 460.13% jump.

DeFi TVL Surges by 0.05% While NFT Sales Volume Records 38.72% Slump

Simultaneously, the DeFi TVL has seen a slight 0.05% rise to hit $117.665B. However, the top DeFi project, Aave, has dipped by 1.06% to touch $33.143B. Nonetheless, when it comes to 1-day TVL change, Brise Swap leads the DeFi sector, enjoying a staggering 3513130657911108608% increase over the past twenty-four hours.

On the other hand, the NFT sales volume has slumped by 38.72%, claiming the $7,230,468 mark. Nonetheless, the top-selling NFT collection, Courtyard, has spiked by 2.37%, accounting for $621,592.

JPMorgan Suspends Kontigo and Blindpay Accounts in Argentina, ICE Plans Investment in MoonPay

Moving on, the crypto sector has also witnessed many other influential developments over 24 hours. In this respect, JPMorgan has frozen the accounts of the stablecoin ventures Kontigo and Blindpay due to Venezuela sanctions.

Moreover, Intercontinental Exchange (ICE) is planning to invest in the leading crypto payment platform MoonPay at around $5B. Furthermore, Argentina’s Senate has approved the 2026 budget plan of Javier Milei to remove tensions from the country’s economic agenda.