The crypto market continues to experience 'Extreme Fear,' per the Fear and Greed Index at 25. Despite Donald Trump's Strategic Bitcoin Reserve establishment, market sentiment remains bearish.
Overall Market Overview
The latest statistics reveal that the crypto market has reached a market cap of $2.82T, with a 24-hour trading volume of $110.28B. Bitcoin is priced at $85,940 with a market dominance of 60.4%, while DeFi TVL has increased to $137.14B. Ethereum's price stands at $2,131, with a dominance of 9.1%.
Crypto Assets Price Changes
According to CoinMarketCap data, several crypto assets have shown significant price changes over the past 24 hours. For example, $ENA saw a 5.51% increase, now trading at $0.4342. Conversely, $MOVE and $BCH experienced declines of 4.46% and 3.86% respectively. $BTC saw a 3.69% drop, reaching $85,940, while $ETH fell by 2.32% to $2,146.87. Noteworthy declines were also observed in $XRP and $ADA, at 8.54% and 9.03% respectively.
Market Liquidations
In the past 24 hours, market liquidations have involved top players like $BTC, $ETH, and $XRP. Notably, $BTC accounted for $295.57M in liquidations. $ETH liquidations amounted to $54.47M, while $XRP and $SOL recorded $19.11M and $17.18M respectively.
The crypto market continues to display significant volatility. Current price fluctuations and liquidations highlight the depth of volatility and remain a subject of keen analyst interest.