Crypto Market Sees Persistent Downturn Under ‘Extreme Fear’ Sentiment

BTC1,57%
ETH3,63%
TRUMP4,59%

The worldwide crypto sector is witnessing a continuous downtrend with notable losses across the top assets. Hence, the total crypto market capitalization has dropped by 0.36%, hitting the $2.3T mark. However, the 24-hour crypto volume stands at $114.98B, indicating a 15.76% increase. At the same time, the Crypto Fear & Greed Index accounts for 8 points, within the ‘Extreme Fear’ territory.

Bitcoin ($BTC) Drops by 0.74% and Ethereum ($ETH) Sees 0.17% Dip

Specifically, the leading crypto asset, Bitcoin ($BTC), is trading at $67,052.69. This shows a 0.74% dip over the past 24 hours while $BTC’s market dominance is 58.4%. In addition to this, the leading altcoin, Ethereum ($ETH), is now changing hands at $1,966.64, indicating a 0.17% decrease. In the meantime, the market dominance of $ETH is nearly 10.3%.

$TRUMP, $DOGS, and $ELEVATE Dominate Crypto Gainers of Day

Simultaneously, the leading crypto gainers take into account TRUMP MOG ($TRUMP), HARRIS DOGS ($DOGS), and Elevate ($ELEVATE). Particularly, $TRUMP has jumped by a staggering 1310.47% to reach $0.0006393. Additionally, $DOGS is 1364.97% up at $0.1026. Subsequently, a 876.10% rise has placed $ELEVATE’s price at $0.09070.

DeFi TVL Plunges by 0.90% and NFT Sales Volume Records 18.65% Drop

Apart from that, the DeFi TVL is 0.90% down at $95.836B. Additionally, the top DeFi project in the case of TVL, Aave, has plunged by 1.34%, reaching $27.384B. Nonetheless, when it comes to 1-day TVL change, zkFox is the top player, displaying an 8678521% increase over the past twenty-four hours.

Contrarily, the NFT sales volume has hit the $7,070,889 figure after an 18.65% dip. In the same vein, the top-selling NFT collection, Flying Tulip PUT, has gone through a 64.13% decrease, touching $1,030,066.

U.S. House Moves to End Canada Tariffs; Thailand Recognizes Crypto in Derivatives Market

Concurrently, the crypto sector has also recorded many other key developments over 24 hours. In this respect, the U.S. House has approved the policy to terminate the Canada tariffs of President Donald Trump.

Moreover, Ark Invest has bought additional 57,164 Bullish shares to bolster exposure amid 16.76% jump in the stock amid a wider equity market surge. Furthermore, the Finance Ministry of Thailand has authorized cryptocurrencies as underlying assets across the capital derivatives markets.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Strategy Last week, I didn’t add to my Bitcoin holdings; my position remained at 762,099 BTC.

Gate News update: On March 30, data shows that as of the week of March 29, Strategy company did not purchase any new Bitcoin, and its holdings remained at 762,099 BTC.

GateNews48m ago

U.S. premarket crypto concept stocks broadly rose, with BMNR up 3.81%

Gate News message. On March 30, according to data from msx.com, crypto-related stocks in the U.S. traded pre-market generally rose. Among them, COIN rose 2.4%, MSTR rose 1.88%, SBET rose 3.31%, and BMNR rose 3.81%.

GateNews2h ago

Michael Saylor once again compared STRC to money market funds, sparking a retail frenzy.

Strategy company founder Michael Saylor compared his stock STRC to a money market fund on CNBC, drawing attention. STRC has a dividend of up to 11.5%, but it is not a true money market fund and carries high risks. Despite the SEC stating that its risks are significant, Saylor still attracts a large number of retail investors, and analysts remind that caution is needed to distinguish between them.

GateNews5h ago

Lido DAO proposes to buy back LDO: 10,000 stETH to support token price in phases.

Lido DAO has proposed a governance plan to conduct phased repurchases of LDO tokens in response to market downturns, with a maximum allocation of 10,000 stETH, approximately worth 20 million USD. The proposal indicates that the LDO price has significantly diverged from the protocol's fundamentals; the repurchase aims to provide short-term price support, demonstrate management capability, and reassure investors. Stakeholders are advised to monitor the progress of the repurchase and market reactions.

GateNews5h ago

A CEX’s trading volume over the past 24 hours reached $766 million, with XRP, BTC, and NOM ranking in the top three.

According to CoinGecko data, on March 30, a certain CEX's trading volume reached $766 million, an increase of 40.91% compared to the previous 24 hours. The top five tokens by trading volume were XRP, BTC, NOM, ETH, and USDT.

GateNews5h ago
Comment
0/400
No comments