The Crypto Market Has Recently Experienced a Dip, with Top Assets Recording Notable Price Slumps

The crypto landscape has recently experienced a dip, with top assets recording notable price slumps. The latest data reveals a 2.69% plunge in the cumulative

The crypto market has recently experienced a dip, with top assets like Bitcoin and Ethereum recording notable price slumps.

The latest data reveals a 2.69% plunge in the cumulative crypto market capitalization, now reaching $3.42T. However, the 24-hour crypto trading volume stands at $160.18B after a 1.34% rise. The Fear & Greed index has reached 67 points, indicating “greed.”

Top Crypto Price Movers

Bitcoin’s (BTC) current price is $108,319.17, denoting a 2.23% decrease over the past 24 hours. Additionally, the market dominance of Bitcoin (BTC) is 63.1%.

As for Ethereum (ETH), it has also experienced a downturn of almost 5.47%, resulting in its price falling to $2,548.89. Furthermore, the market dominance of Ethereum (ETH) is 9.0%.

Among the top daily crypto gainers are HODL (HODL), Mist (MIST), and Black Agnus (FTW). HODL’s price has seen a stunning 2275.25% rise to reach $0.0007443. In addition to this, MIST is changing hands at $0.002173 following a 1456.89% increase. Subsequently, FTW accounts for a 1317.49% upsurge at its latest price level of $0.00000006280.

DeFi TVL Drops 3.17%

Just like the wider crypto market decline, the DeFi landscape has also dropped by 3.17% to reach $117.297B in TVL. The top DeFi project is AAVE as its TVL stands at $24.834B.

In the same vein, the NFT market has declined by 17.50% when it comes to sales volume and has now touched $15,865,258. Additionally, the top NFT collection is Courtyard, accounting for a 46.45% increase that has raised its sales volume to $2,994,892.

Trump Slaps 50% Tariffs on EU

This widespread crypto downturn is mainly associated with the U.S. President Donald Trump’s recent announcement to impose 50% tariff on goods coming from European Union.

Simultaneously, the Tron founder Justin Sun’s buyout of $75M $TRUMP has also raised the eyebrows of several members of the crypto community. Moreover, after the recent conclusion of the controversial Trump gala dinner, the $TRUMP holders have begun to dump their tokens.