Black Phoenix

DeFi

Base AI

Drive Crypto

Canton

<p>The crypto downturn has further deepened over the past 24 hours. Hence, the cumulative <a href="https://blockchainreporter.net/market/" rel="noopener noreferrer nofollow">crypto market</a> capitalization has hit the $2.09T mark, displaying a 3.63% decrease. However, the 24-hour crypto volume has undergone a 39.20% rise, hitting $169.76B. At the same time, the Crypto Fear &amp; Greed Index is currently standing at just 13 points, displaying “Extreme Fear” across the market.</p>
<h2 class="wp-block-heading" id="bitcoin-btc-surges-by-1-54-and-ethereum-eth-witnesses-1-84-rise">Bitcoin ($BTC) Surges by 1.54% and Ethereum ($ETH) Witnesses 1.84% Rise</h2>
<p>The top cryptocurrency, Bitcoin ($BTC), is currently trading at $61,645.60. This price level indicates a 1.54% increase, while the market dominance of Bitcoin ($BTC) accounts for 58.4%. In addition to this, the flagship altcoin, Ethereum ($ETH), is now changing hands at $1,593.68, expressing a 1.84% increase. In the meantime, Ethereum’s ($ETH) <a href="https://blockchainreporter.net/tag/market/" rel="noopener noreferrer nofollow">market</a> dominance sits at 9.0%.</p>
<h2 class="wp-block-heading" id="bpx-tsla-and-base-lead-top-crypto-gainers-of-day">$BPX, $TSLA, and $BASE Lead Top Crypto Gainers of Day</h2>
<p>Apart from that, the leading crypto gainers of the day include Black Phoenix ($BPX), Tesla ($TSLA), and Base AI ($BASE). Particularly, $BPX has surged by a staggering 1350.97%, reaching $0.06200. Following that, a 458.93% increase has placed the price of $TSLA at $24.25. Subsequently, $BASE is hovering around $0.0003256 after a 306.76% jump.</p>
<h2 class="wp-block-heading" id="defi-tvl-surges-by-0-55-while-nft-sales-volume-slumps-by-16-5">DeFi TVL Surges by 0.55%, While NFT Sales Volume Slumps by 16.5%</h2>
<p>Simultaneously, the DeFi TVL has witnessed a 0.55% increase, attaining the $70.276B mark. Additionally, the top DeFi project in terms of TVL, Lido, has seen a 1.12% spike, claiming the $14.132B spot. Nonetheless, when it comes to 1-day TVL change, <a href="https://defillama.com/protocol/woofswap" rel="noopener noreferrer nofollow">WoofSwap</a> has gone through a stunning 1166% surge.</p>
<p>&nbsp;On the other hand, the 24-hour NFT trading volume has dropped by 28.0%, touching $1,898,932. Even then, the top-selling NFT collection, Bored Ape Yacht Club, is up 16.5% at $510,450.</p>
<h2 class="wp-block-heading" id="grayscale-applies-for-new-canton-etf-robinhood-partners-with-wonderfi-to-drive-crypto-strategy">Grayscale Applies for New Canton ETF, Robinhood Partners with WonderFi to Drive Crypto Strategy</h2>
<p>Moving on, the crypto market has also recorded many other key developments across the globe over the past 24 hours. In this respect, Grayscale has submitted a filing for its exclusive Canton ETF. Moreover, Robinhood is expanding its regulated crypto strategy with a new deal with WonderFi. Furthermore, Big Tech is anticipated to spend more than $700B on AI initiatives this year alone.</p>

Crypto Bear Market Continues Amid Struggle with Extreme Fear Sentiment

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