The Crypto Market Has Recently Seen a Massive Decline

The crypto market has recently seen a massive decline as the overall market capitalization has reached $3.02T after a 4.23% correction.

The crypto market has recently seen a massive decline as the overall market capitalization has reached $3.02T after a 4.23% correction. According to the data from CryptoRank, total crypto liquidations over the last 24 hours account for up to $534M because of tariff tensions.

The US stock market dropped $1.15B due to tariff tensions, while $BTC and $ETH fell only 5%, buoyed by news of Trump establishing a crypto reserve at today’s Crypto Summit.

Market Cap: $3.02T

24h Liquidation: $534M

BTC dominance: 57.76%

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On the other hand, the 24-hour spot volume has jumped by 5.65% to touch the $73.57B mark. However, reflecting the overall crypto dip, the Fear & Greed Index also stands at 34, signifying “Fear,” with the majority of the top crypto assets experiencing sheer slumps.

CryptoRank’s data indicates a decrease in Bitcoin’s market dominance during the recent 24 hours. The market dominance of the leading crypto asset, Bitcoin ($BTC) has plunged by 0.52% to reach 57.76%. In addition to this, Bitcoin’s price has also recorded a 4.55% decrease, reaching $88,057.

In the case of Ethereum ($ETH), a 1.76% slump has taken place in market dominance that stands at 8.65% at present. Simultaneously, the crypto token’s price accounts for $2,168 following a 5.74% dip.

Major Crypto Assets Like $SOL, $ADA, $BNB, $TRX, and $DOGE Experience Huge Losses

Apart from this, the other major cryptocurrencies have also witnessed huge losses. Particularly, $SOL’s price accounts for a 4.27% decrease and $ADA has decreased by 7.15%. Another notable crypto token is $TRX which has seen a 2.66% decline. Additionally, $BNB and $XRP show 1.34% and 0.84% price dips respectively. Along with that, the top memecoin $DOGE has gone through a 7.91% plunge in its price.

Small-Cap Cryptos Surge As Large-Caps Dipped

Amid such fluctuating crypto market trends, the small-cap crypto gainers including A47, AVL, REZ, BLZ, and XTER have surged significantly. Specifically, A47, AVL, and REZ saw 108%, 47.9%, and 47.9% jump over the past 24 hours. Subsequently, BLZ and XTER recorded 43.2% and 30.2% spikes.

If we look at the other side of the coin, large-cap crypto assets have also experienced noteworthy losses. Particularly, TEL, ONDO, and S show 14.8%, 13.5%, and 12.9% price decreases. Following that, AAVE and MKR signify 11.5% and 10.6% losses in total.

DoubleZero, Seismic, and Combinder Gain $28M, $7.0M, and $500K in Funding

According to CryptoRank, the recent crypto funding rounds include DoubleZero, Seismic, and Combinder. DoubleZero has effectively gained $28M in funding while Seismic accounts for $7.0M in total funding.

On the other hand, Combinder has attained funding of up to $500K. Nevertheless, the wider declines in the crypto market have raised concerns about the upcoming developments, influencing investor sentiment.