The crypto industry is witnessing another downward streak, as the latest 24-hour data confirms. Thus, the total crypto market capitalization has dropped by 2.89% to reach $3.65T. However, the 24-hour crypto volume has surged to $164.24B, indicating a 5.37% increase. At the same time, the Crypto Fear & Greed Index stands in the “Fear” territory while accounting for 33 points. Bitcoin Dips by 2.85% and Ethereum Sees 5.04% Drop Particularly, the flagship crypto asset, Bitcoin ($BTC), is changing hands at $107,624.58. This price level signifies a 2.85% decrease while its market dominance is 59.0%. In addition to this, Ethereum ($ETH) is trading at $3,856.34, presenting a 5.04% dip. Additionally, its market dominance accounts for 12.8%. $AXOME, $TSLA, and $TURBO Lead Crypto Gainers Apart from that, Axolotl Token ($AXOME), Tesla ($TSLA), and Turbo Trump ($TURBO) are the leading crypto gianers of the day. Specifically, $AXOME  has seen a staggering 3162.64% spike, reaching $0.001394 in price. Following that, $TSLA’s price has touched $18.57, presenting a 992.28% increase. Subsequently, after a 469.58% increase, $TURBO is now trading at $0.000001489. DeFi TVL Slumps by 1.15% and NFT Sales Volume Records 2.20% Plunge Simultaneously, the DeFi TVL has plunged by 1.15%, attaining the $150.345B mark. Additionally, the top DeFi project in terms of TVL, Aave, has gone through a 1.53% drop, reaching $39.044B. On the other hand, when it comes to 1-day TVL change, Factor leads the market, showing a 386458% jump over twenty-four hours. Contrarily, after a 2.20% plunge, the NFT sales volume has claimed the $10,605,425 spot. Nonetheless, the top-selling NFT collection, DMarket, has recorded a 0.20% rise, touching $1,087,401. Crypto Trader Faces Insider Claims, British Columbia Plans Crypto Mining Power Restrictions Moving on, the crypto landscape has also experienced many notable developments over the 24 hours. In this respect, a crypto trader has reportedly become notorious after taking a stunning profit of $160M via shorting Bitcoin ($BTC) before the tariff announcement shared by the U.S. President Donald Trump. Moreover, several false listings that pretend to provide trading via Pi Coin ($PI) are scamming unsuspecting traders on a decentralized exchange based on the Stellar network, raising concerns among the community members. Furthermore, British Columbia is reportedly planning to restrict exclusive crypto mining links to the Canadian province’s hydro power grid, while referring to massive electricity demand.The crypto industry is witnessing another downward streak, as the latest 24-hour data confirms. Thus, the total crypto market capitalization has dropped by 2.89% to reach $3.65T. However, the 24-hour crypto volume has surged to $164.24B, indicating a 5.37% increase. At the same time, the Crypto Fear & Greed Index stands in the “Fear” territory while accounting for 33 points. Bitcoin Dips by 2.85% and Ethereum Sees 5.04% Drop Particularly, the flagship crypto asset, Bitcoin ($BTC), is changing hands at $107,624.58. This price level signifies a 2.85% decrease while its market dominance is 59.0%. In addition to this, Ethereum ($ETH) is trading at $3,856.34, presenting a 5.04% dip. Additionally, its market dominance accounts for 12.8%. $AXOME, $TSLA, and $TURBO Lead Crypto Gainers Apart from that, Axolotl Token ($AXOME), Tesla ($TSLA), and Turbo Trump ($TURBO) are the leading crypto gianers of the day. Specifically, $AXOME  has seen a staggering 3162.64% spike, reaching $0.001394 in price. Following that, $TSLA’s price has touched $18.57, presenting a 992.28% increase. Subsequently, after a 469.58% increase, $TURBO is now trading at $0.000001489. DeFi TVL Slumps by 1.15% and NFT Sales Volume Records 2.20% Plunge Simultaneously, the DeFi TVL has plunged by 1.15%, attaining the $150.345B mark. Additionally, the top DeFi project in terms of TVL, Aave, has gone through a 1.53% drop, reaching $39.044B. On the other hand, when it comes to 1-day TVL change, Factor leads the market, showing a 386458% jump over twenty-four hours. Contrarily, after a 2.20% plunge, the NFT sales volume has claimed the $10,605,425 spot. Nonetheless, the top-selling NFT collection, DMarket, has recorded a 0.20% rise, touching $1,087,401. Crypto Trader Faces Insider Claims, British Columbia Plans Crypto Mining Power Restrictions Moving on, the crypto landscape has also experienced many notable developments over the 24 hours. In this respect, a crypto trader has reportedly become notorious after taking a stunning profit of $160M via shorting Bitcoin ($BTC) before the tariff announcement shared by the U.S. President Donald Trump. Moreover, several false listings that pretend to provide trading via Pi Coin ($PI) are scamming unsuspecting traders on a decentralized exchange based on the Stellar network, raising concerns among the community members. Furthermore, British Columbia is reportedly planning to restrict exclusive crypto mining links to the Canadian province’s hydro power grid, while referring to massive electricity demand.

Crypto Market Again Slips into ‘Fear’ Zone as Declining Prices Raise Caution

2025/10/21 19:20

The crypto industry is witnessing another downward streak, as the latest 24-hour data confirms. Thus, the total crypto market capitalization has dropped by 2.89% to reach $3.65T. However, the 24-hour crypto volume has surged to $164.24B, indicating a 5.37% increase. At the same time, the Crypto Fear & Greed Index stands in the “Fear” territory while accounting for 33 points.

Bitcoin Dips by 2.85% and Ethereum Sees 5.04% Drop

Particularly, the flagship crypto asset, Bitcoin ($BTC), is changing hands at $107,624.58. This price level signifies a 2.85% decrease while its market dominance is 59.0%. In addition to this, Ethereum ($ETH) is trading at $3,856.34, presenting a 5.04% dip. Additionally, its market dominance accounts for 12.8%.

$AXOME, $TSLA, and $TURBO Lead Crypto Gainers

Apart from that, Axolotl Token ($AXOME), Tesla ($TSLA), and Turbo Trump ($TURBO) are the leading crypto gianers of the day. Specifically, $AXOME  has seen a staggering 3162.64% spike, reaching $0.001394 in price. Following that, $TSLA’s price has touched $18.57, presenting a 992.28% increase. Subsequently, after a 469.58% increase, $TURBO is now trading at $0.000001489.

DeFi TVL Slumps by 1.15% and NFT Sales Volume Records 2.20% Plunge

Simultaneously, the DeFi TVL has plunged by 1.15%, attaining the $150.345B mark. Additionally, the top DeFi project in terms of TVL, Aave, has gone through a 1.53% drop, reaching $39.044B. On the other hand, when it comes to 1-day TVL change, Factor leads the market, showing a 386458% jump over twenty-four hours.

Contrarily, after a 2.20% plunge, the NFT sales volume has claimed the $10,605,425 spot. Nonetheless, the top-selling NFT collection, DMarket, has recorded a 0.20% rise, touching $1,087,401.

Crypto Trader Faces Insider Claims, British Columbia Plans Crypto Mining Power Restrictions

Moving on, the crypto landscape has also experienced many notable developments over the 24 hours. In this respect, a crypto trader has reportedly become notorious after taking a stunning profit of $160M via shorting Bitcoin ($BTC) before the tariff announcement shared by the U.S. President Donald Trump.

Moreover, several false listings that pretend to provide trading via Pi Coin ($PI) are scamming unsuspecting traders on a decentralized exchange based on the Stellar network, raising concerns among the community members. Furthermore, British Columbia is reportedly planning to restrict exclusive crypto mining links to the Canadian province’s hydro power grid, while referring to massive electricity demand.

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

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
Evernorth’s XRP Losses Signal Growing Pressures on Crypto Treasury Firms

Evernorth’s XRP Losses Signal Growing Pressures on Crypto Treasury Firms

The post Evernorth’s XRP Losses Signal Growing Pressures on Crypto Treasury Firms appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Evernorth’s XRP investment has resulted in approximately $78 million in unrealized losses amid a month-long cryptocurrency market downturn, highlighting the vulnerabilities of digital asset treasury companies (DATs). This pressure stems from volatile prices affecting altcoins like XRP, impacting firms heavily exposed to such assets. Evernorth acquired significant XRP holdings just before a price drop, leading to substantial unrealized losses. Other DATs, like MicroStrategy, face share declines of over 26% in the past month due to Bitcoin’s retreat. BitMine reports nearly $2.1 billion in unrealized losses on Ethereum reserves, with 3.4 million ETH held, including 565,000 acquired recently. Discover how Evernorth’s XRP losses signal rising pressure on digital asset treasury companies amid crypto volatility. Explore DAT challenges and strategies for resilience. Stay informed on market impacts today. What Are Evernorth’s XRP Investment Losses and Their Impact? Evernorth’s XRP investment losses currently stand at around $78 million in unrealized terms, triggered by a sharp decline in XRP’s price following the company’s recent large-scale acquisitions. This situation underscores the risks for digital asset treasury companies (DATs) that allocate significant portions of their…
Share
BitcoinEthereumNews2025/11/08 11:15