Crypto Sector Undergoes Dip Amid Widely Fearful Sentiment

Over the past 24 hours, the crypto market has gone through a notable downturn. Hence, the total crypto market capitalization has dropped by 2.55%, reaching $2.52T. However, the 24-hour crypto volume has jumped by 5.51%, hitting $81.37B. At the same time, the Crypto Fear & Greed Index has dipped to 35 points, showing “Fear” among the market participants.

Bitcoin ($BTC) Drops by 2.67% and Ethereum ($ETH) Sees 3.09% Plunge

Particularly, the top cryptocurrency, Bitcoin ($BTC), is now trading at $75,387.75. This price level indicates a 2.67% dip, while the market dominance of Bitcoin ($BTC) stands at 59.9%. In addition to this, the leading altcoin, Ethereum ($ETH), is currently changing hands at $2,061.96, expressing a 3.09% decrease. In the meantime, Ethereum’s ($ETH) market dominance sits at 9.9%.de

$TRUMP, $BEER, and $H1DR4 Dominate Crypto Gainers

Apart from that, the list of today’s leading crypto gainers includes PEPE ($TRUMP), Beers ($BEER), and H1DR4 by Virtuals ($H1DR4). Specifically, $TRUMP has surged by a staggering 514.9% to reach the price level of nearly $0.00005749. Following that, a 471.91% rise has placed $BEER’s price at $0.006988. Subsequently, $H1DR4 is hovering around $0.003005, after a 447.81% jump.

DeFi TVL Plunges by 1.59% and NFT Sales Volume Drops by 12.98%

Simultaneously, the DeFi TVL has slumped by 1.59%, attaining the $80.802B mark. Additionally, the top DeFi project in terms of TVL, Lido, has seen a 3.40% drop, claiming the $18.289B spot. Nonetheless, when it comes to 1-day TVL change, Stobix has occupied the top position in the DeFi market, accounting for a stunning 14463938713616% increase over the past twenty-four hours.

On the other hand, the NFT sales volume is 12.98% down at $7,300,991. Similarly, the top-selling NFT collection, Courtyard, is 15.06% down, at $1,017,727.

Harvard University Dumps $86.8M in $ETH ETF Holdings and Kraken Plans to List $CTR Token

Concurrently, the crypto industry has also witnessed several other key developments across the globe over the past 24 hours. In this respect, Harvard University is reportedly dumping the $ETH ETF holdings, equaling $86.8M through the iShares Ethereum Trust Fund ($ETHA) of BlackRock. Moreover, Kraken is planning to officially list the $CTR token. Furthermore, ICE and OKX are collaborating to unveil perpetual oil futures in line with the WTI and Brent benchmarks.