Crypto Market Drops as Fear Index Rises and Bitcoin Falls

The global crypto market has witnessed a sheer downturn over the past 24 hours. In this respect, the total crypto market capitalization has hit $2.44T following a notable 4.00% dip. However, the 24-hour crypto volume has surged by 17.70% to reach $111.95B. At the same time, the Crypto Fear & Greed Index has dropped to 33 points, showing “Fear” among the market participants.

Bitcoin ($BTC) Drops by 4.56% and Ethereum ($ETH) Sees 5.85% Decrease

Particularly, the top crypto asset, Bitcoin ($BTC), is currently trading at $70,844.90. This price level indicates a 4.56% decrase while the market dominance of Bitcoin accounts for 58.2%. In addition to this, the flagship altcoin, Ethereum ($ETH), is changing hands at $2,193.45, signifying a 5.85% drop. In the meantime, the market dominance of $ETH stands at 10.9%.

$BPX, $TRUMP, and $HBTC Dominate Crypto Gainers of Day

Apart from that, the list of today’s key crypto gainers takes into account Black Phoenix ( $BPX ), PEPE ($TRUMP), and Hold BTC ($HBTC) in the leading positions. Specifically, $BPX has surged by a staggering 3154.81%, reaching the price level of $0.1455. Following that, $TRUMP is now hovering around $0.0001375, led by a 1198.78% jump. Subsequently, a notable 1361.32% increase has placed $HBTC’s price at $0.000003453.

DeFi TVL Dips by 3.56% and NFT Sales Volume Witnesses 51.42% Plunge

Simultaneously, the DeFi TVL has plunged by 3.56%, claiming the $96.33B mark. In addition to this, the top DeFi project in terms of TVL, Aave, has witnessed a 7.44% slump, reaching the $24.756B spot. On the other hand, when it comes to 1-day TVL change, Accountable is the leading DeFi project, accounting for a stunning 1416% increase over the past twenty-four hours.

On the other hand, the NFT sales volume shows a 51.42% decrease, touching $4,998,651. Even then, the top-selling NFT collection, Flying Tulip PUT, is 274.47% up at $857,278.

OpenClaw Developers Fall Victim to GitHub Phishing Attack, FTX Announces $2.2B Distribution for Eligible Creditors

Concurrently, the crypto market has also gone through several other influential developments across the globe over 24 hours. In this respect, some exploiters have successfully lured OpenClaw developers into a phishing campaign of $5K token airdrops with fake accounts on GitHub and subsequently drained the respective funds via a cloned site.

Moreover, FTX has recently announced the distribution of $2.2B for eligible creditors on the 31st of this month. Furthermore, Meta has undergone a security malfunction involving AI agents, permitting unauthorized access to user and company data for a couple of hours.