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Cryptocurrency News Articles
Crypto Market Cap Plunges by 1.16% to $3.25T Despite 71.56% Surge in 24-hour Volume
May 19, 2025 at 05:30 pm
The crypto landscape has seen mixed sentiments over the past twenty-four hours. In this respect, the total crypto market capitalization has plunged by 1.16% to reach $3.25T.
In the past 24 hours, the crypto market has seen mixed sentiments. In this respect, the total crypto market capitalization has plunged by 1.16% to reach $3.25T. However, the 24-hour volume has touched $142.6B after surging by 71.56%. In addition to this, the Fear and Greed index stands at 71, indicating notable “greed” in the market.
Bitcoin ($BTC) Dips by 0.66% and Ethereum ($ETH) Plunges by 5.03%
At present, Bitcoin ($BTC) is trading at $102,915, indicating a minor 0.66% decline over 24 hours. Additionally, the market dominance of Bitcoin has reached 63% in the meantime.
Simultaneously, Ethereum ($ETH) has recorded a 5.03% slump to claim the $2,379.46 spot. Along with that, the market dominance of Ethereum is up to 8.8%.
$SNL, $PHRZ, and $MAGA Dominate Daily Crypto Gainers
Concurrently, the prominent names among the top daily crypto gainers include Snow Leopard ($SNL), Pharaohs ($PHRZ), and PEPE MAGA ($MAGA). Hence, $SNL has seen a 4289.66% price increase to reach the $0.000001168 mark. Subsequently, $PHRZ has attained the $0.0004493 spot following a 499.94% surge. Apart from that, $MAGA has witnessed a 495.96% upsurge, reaching $0.0006104.
DeFi TVL Drops by 0.91% While NFT Sales Volume Records a 12.82% Jump
Simultaneously, the DeFi sector has gone through a 0.91% plunge to reach $113.094B in terms of total value locked. AAVE remains the top DeFi project, attaining $23.437B in its TVL. However, in the case of daily change, Brise Swap has reached the 1st spot with a 213129716108999 TVL increase.
On the other hand, the NFT sector has gained a 12.82% surge in sales volume that has touched $14,430,378. Along with that, DMarket is the top NFT collection with its sales volume accounting for $1,398,396.
Metaplanet Buys $104.3M in $BTC whereas Coinbase Faces Several Lawsuits for Alleged User Data Infringement
Moreover, the crypto market has also experienced noteworthy developments across the globe. Particularly, Metaplanet has increased its $BTC holdings with a new $104.3M buyout.
Additionally, the renowned American crypto exchange Coinbase has recently been hit with several lawsuits concerning user data infringements. Furthermore, the Australian authorities have seized up to $2.88M in assets of a resident amid a $BTC crime investigation.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Russian Authorities Arrest Vladimir Smerkis, Co-Founder of Telegram-Based Crypto Platform Blum, on Fraud Charges
- May 20, 2025 at 12:30 am
- Yesterday, May 18, the Russian state news agency TASS confirmed that Vladimir Smerkis was taken into custody in Moscow. According to a report, he is being investigated under Article 159 of Russia's Criminal Code, which deals with large-scale fraud.
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- The crypto markets faced a huge bearish action throughout the past week, while the bullish push during the weekend revived the possibility of a healthy recovery.
- May 20, 2025 at 12:30 am
- No sooner had the BTC price erased all the gains incurred during the last trading day than the markets tumbled heavily.
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- BounceBit Executes Bitcoin (BTC) Derivatives Trading Strategy Using BlackRock's BUIDL Token
- May 20, 2025 at 12:20 am
- BounceBit, a crypto infrastructure provider using features from both centralized (CeFi) and decentralized finance (DeFi), has executed a bitcoin (BTC) derivatives trading strategy using BlackRock's yield-generating tokenized money market fund, BUIDL, to enhance returns.
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