Crypto Market Dips to $3.28T as Sentiment Shifts—Buying Opportunity Ahead?
Crypto bulls hit pause as global market cap slips to $3.28 trillion—but smart money sees blood in the water.
Market psychology flips: After months of relentless green candles, traders finally take profits. The 24-hour dip barely registers as a correction, yet CNBC anchors are already hyperventilating about 'crypto winter 2.0.'
Institutional FOMO vs. retail panic: While leveraged degens get liquidated, BlackRock's algo traders are quietly accumulating BTC at these 'discount' prices. The real surprise? How stable ETH remains despite the chop.
Regulators circle: As always, the SEC picked the worst possible moment to drop another vague enforcement threat—because nothing stabilizes markets like bureaucratic uncertainty.
Bottom line: This isn't 2022. With spot ETFs live and real-world adoption accelerating, today's dip looks more like a pit stop than a crash. (But yes, your cousin's Shiba Inu gamble still sucks.)
The global crypto market is experiencing a minor decline. In this respect, the total crypto market capitalization has touched $3.28T, expressing a 0.59% decrease. In addition to this, the 24-hour crypto volume has also plunged by 10.80% to touch $98.85B in total. However, the crypto Fear & Greed index is neutral, showing 49 points.
Bitcoin and Ethereum Drop by 0.22% and 1.38% over 24 Hours
Bitcoin ($BTC) is presently trading at $107,401.11. This price points out a 0.22% slump over the past 24 hours. Additionally, Bitcoin’s dominance is 65.1%. At the same time, the current price of ethereum ($ETH) is $2,440.58, expressing a 1.38% decrease. Apart from that, Ethereum ($ETH) has a market dominance of 9.0%.
$SAHARA, $HIFI, and $BSW Lead Top Crypto Gainers
Top crypto gainers of the day include $SAHARA, $HIFI, and $BSW. In the case of $SAHARA, a 304.50% upsurge has been seen as its price has touched $0.08090. Subsequently, $HIFI has recorded a 34.86% increase, reaching $0.1358. After that, $BSW has jumped by 25.27% as its current price stands at $0.0228.
DeFi TVL Plunges by 0.34% Whereas NFT Sales Volume Jumps by 4.01%
Just like the slump in the crypto landscape, the DeFi world has also noticed a minor decrease as its TVL has touched $110.668B after a 0.34% plunge. Reflecting this decline, the top DeFi project AAVE has a TVL of $24.642B following a 2.90% dip. On the other hand, Tangible has jumped by 63979% in TVL, standing atop DeFi platforms in terms of 1-day TVL change.
Contrarily, the NFT space has recorded a 4.01% increase as its sales volume has obtained the $20,445,870 mark. In the same vein, the sales volume of the top seller NFT collection, Guild of Guardians Heores, has reached $4,222,402 after a 45.44% surge.
Judge Denies Ripple and SEC’s Settlement Proposal and U.K.’s Web3 Entity Gets $56M in Fundraising
Concurrently, the wider crypto sector has witnessed several other noteworthy developments. In this respect, the Judge Analisa Torres has rejected the U.S. SEC and Ripple’s combined proposal for settlement in the ongoing lawsuit.
Moreover, the Smarter Web3 Company of the U.K has pocketed a staggering $56M a few days following buying 196 $BTC. Furthermore, UAE-based Web3 entity, Aqua 1, has purchased a $100M stake in the DeFi protocol World Liberty Financial (WLFI), which is backed by Donald Trump.
