The post Crypto Market Plunges as Fear Index Rises appeared on BitcoinEthereumNews.com. The crypto market is undergoing a sharp downturn, as the latest 24-hour The post Crypto Market Plunges as Fear Index Rises appeared on BitcoinEthereumNews.com. The crypto market is undergoing a sharp downturn, as the latest 24-hour

Crypto Market Plunges as Fear Index Rises

The crypto market is undergoing a sharp downturn, as the latest 24-hour data points out. Thus, the cumulative crypto market capitalization has seen a 2.95% dip, reaching $3.02T. However, the 24-hour crypto volume presents a 57.37% rise, hitting $146.02B. On the other hand, the Crypto Fear & Greed Index stands at 32 points, indicating the growing “Fear” sentiment among the investors.

Bitcoin ($BTC) Sees 2.26% Drop and Ethereum ($ETH) Witnesses 5.67% Decrease

Particularly, the leading crypto asset, Bitcoin ($BTC), has dipped by 2.26%. As a result, its price is currently hovering around $89,500.20 while its market dominance is 59.2%. Additionally, the flagship altcoin, Ethereum ($ETH), is trading at $2,981.09, highlighting a 5.67% decrease. In the meantime, $ETH’s market dominance accounts for 11.9%.

$PF, $DOGS, and $BEER Top Crypto Gainers of Day

At the same time, the list of today’s top crypto gainers includes Purple Frog ($PF), HARRIS DOGS ($DOGS), and Beers ($BEER). Specifically, $PF has surged by a staggering 4033.52%, touching $0.002197. Subsequently, a 1829.39% rise has placed $DOGS’ price at $0.007938. Following that, $BEER has jumped by 1235.75% to reach $0.0008063.

DeFi TVL Plunges by 4.82% Whereas NFT Sales Volume Climbs by 70.89%

Simultaneously, the DeFi TVL has dropped by 4.82%, attaining the $120.409B mark. Additionally, the top DeFi project in terms of TVL, Aave, has slumped by 7.10%, reaching $33.151B. Nonetheless, when it comes to 1-day TVL change, TaraPerps sits in the top position within the DeFi landscape, claiming a stunning 248419% increase over the past twenty-four hours.

In the same vein, the NFT sales volume has climbed by 70.89%, with the total figure sitting at $23,136,766. Along with that, the top-selling NFT collection, Flying Tulip PUT, is now accounting for $14,144,263 after a 235637.71% climb.

Galaxy Group Plans $100M Crypto Fund as Trend Research Bets $2B on $ETH

Concurrently, the crypto market has also witnessed several other key developments over 24 hours. In this respect, the Galaxy Group is launching $100M crypto hedge fund during Q1 2026. Moreover, Trend Research is deploying huge $2B $ETH position despite the massive market pullback. Furthermore, Solana Mobile is unveiling $SKR token airdrop for the developers and consumers of the Seeker phone.

Source: https://blockchainreporter.net/crypto-market-plunges-as-fear-index-rises/

Market Opportunity
DOGS Logo
DOGS Price(DOGS)
$0.0000339
$0.0000339$0.0000339
-1.93%
USD
DOGS (DOGS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
XAG/USD retreats toward $113.00 on profit-taking pressure

XAG/USD retreats toward $113.00 on profit-taking pressure

The post XAG/USD retreats toward $113.00 on profit-taking pressure appeared on BitcoinEthereumNews.com. Silver price (XAG/USD) halts its seven-day winning streak
Share
BitcoinEthereumNews2026/01/30 10:21
ZKP, SOL, SUI, & AVAX Show Strong Fundamentals

ZKP, SOL, SUI, & AVAX Show Strong Fundamentals

The post ZKP, SOL, SUI, & AVAX Show Strong Fundamentals appeared on BitcoinEthereumNews.com. Altcoins Explore the top crypto coins for 2026 as SOL, SUI, AVAX, and
Share
BitcoinEthereumNews2026/01/30 10:00