Ethereum

DeFi

Drops

Genius

BlockDAG Network

<p>The crypto sector is experiencing another wave of downturn, as the exclusive 24-hour data discloses. Hence, the total <a href="https://blockchainreporter.net/market/" rel="noopener noreferrer nofollow">crypto market</a> capitalization has dropped by 2.53%, hitting the $2.29T mark. However, the 24-hour crypto volume presents a 4.26% rise, reaching $101.78B. At the same time, the Crypto Fear &amp; Greed Index is currently standing at 27 points, indicating “Fear” among the market participants.</p>
<h2 class="wp-block-heading" id="bitcoin-btc-drops-by-2-72-and-ethereum-eth-sees-3-18-dip">Bitcoin ($BTC) Drops by 2.72% and Ethereum ($ETH) Sees 3.18% Dip</h2>
<p>The leading crypto asset, Bitcoin ($BTC), is now trading at $66,302.54. This price level indicates a 2.72% plunge in price, while the market dominance of $BTC accounts for 58.0%. In addition to this, the flagship altcoin, Ethereum $ETH), is currently changing hands at $2,040.48, signifying a 3.18% decrease. In the meantime, the market dominance of $ETH sits at 10.8%.</p>
<h2 class="wp-block-heading" id="tsla-bdag-and-trump-lead-crypto-gainers-of-day">$TSLA, $BDAG, and $TRUMP Lead Crypto Gainers of Day</h2>
<p>Apart from that, the dominant names among the crypto gainers of the day include Tesla ($TSLA), BlockDAG Network ($BDAG), and TRUMP MOG ($TRUMP). Particularly, $TSLA has jumped by a staggering 1029.57%, touching $11.20 in price. Following that, $BDAG’s 649.77% rise has placed its price at $0.02807. Subsequently, $TRUMP’s price is now hovering around 571.30% after a 545.86% increase.</p>
<h2 class="wp-block-heading" id="defi-tvl-plunges-by-2-70-while-nft-sales-volume-records-75-42-surge">DeFi TVL Plunges by 2.70%, While NFT Sales Volume Records 75.42% Surge</h2>
<p>Simultaneously, the DeFi TVL has dropped by up to 2.70% to hit the $91.965B mark. Additionally, the top DeFi project, Aave, presents a 0.28% dip while sitting at $24.12B. Nonetheless, when it comes to 1-day TVL change, <a href="https://docs.zkfox.io" rel="noopener noreferrer nofollow">zkFox</a> occupies the top position in the DeFi market, claiming a stunning 9453702% spike over the past twenty-four hours.</p>
<p>In the same vein, the NFT sales volume has also surged by 75.42% to touch the $10,449,786. Similarly, the top-selling NFT collection, $X@ai BRC-20 NFTs, has seen a 16092.48% jump, reaching $3,805,045.</p>
<h2 class="wp-block-heading" id="genius-group-repays-8-5m-debt-australia-approves-crypto-policy-for-regulated-digital-asset-market">Genius Group Repays $8.5M Debt, Australia Approves Crypto Policy for Regulated Digital Asset Market</h2>
<p>Concurrently, the crypto industry has also gone through many other key developments over 24 hours. In this respect, the <a href="https://blockchainreporter.net/bitcoin-faces-crucial-resistance-at-71k-insights-from-michael-van-de-poppe-on-market-patience/" rel="noopener noreferrer nofollow">Bitcoin</a> treasury of Genius Group has completely repaid the debt worth of $8.5M, closing a months-long liquidation. Moreover, Citadel is poised to unveil a big crypto bank. Furthermore, the Australian Parliament has approved a crucial crypto licensing policy to commence a new epoch of digital asset regulation.</p>

Crypto Market Drops as Fear Grows and Major Assets Decline

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