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Crypto Market Dips by 1.37% Amid Increased Volatility
By: blockchainreporter|2025/05/05 17:30:01
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Amid the ongoing turbulence, the crypto market is witnessing a slight decline in short term. Overall, the crypto market capitalization has plunged to $2.94T after a 1.37% decrease while the 24-hour volume stands at $55.67B following a 13.37% increase. Simultaneously, the crypto Fear & Greed Index is maintaining its “neutral” position at 52.Bitcoin plunges 1.53% While Ethereum Sees 2.16% DecreaseBitcoin ($BTC) is the currently among the trending crypto assets with a slight dip of 1.53% in its price over the past twenty-four hours. This price slump has pushed Bitcoin to $94,384 while its market dominance accounts for 61.11%, after a 0.23% dip In addition to this, Ethereum ($ETH) displays a 2.16% decline at $1,805.92. Concurrently, the market dominance of the top altcoin is 7.10%, after a 0.78% dip.$JOS and $CORE Dominate Top Crypto GainersApart from that, the key market gainers in the crypto market include $JOS and $CORE among the small and large-cap assets respectively. Particularly, $JOS is changing hands at $0.0122, accounting for a 42.9% increase over 24 hours. Additionally, $CORE has jumped by 12.3% over the same time to reach the current price level of $0.768.DeFi TVL Decline by 1.13% Whereas NFT Sales Surge by 0.42%The DeFi TVL has gone through a 1.13% decrease during the last 24 hours to touch $100.699B. The top DeFi platform in terms of total value locked is AAVE, accounting for $20.253B. However, while keeping in view the TVL growth, Satori Finance has seen a 64880% rise over 1 day.On the other hand, the NFT sector indicates a 0.42% jump, reaching $11,850,268 in its sales volume. Specifically, Courtyard stays in the top position among NFT collections. Its sales have touched $2,486,834 after a 32.30% increase.Warrant Buffet to Retire by Year’s End While Bybit Announces Trading of Gold, Oil, Indexes, and StocksSimultaneously, ZAR, eZen, and Dinari are leading institutions for conducting funding rounds. They have pocketed $7.0M, $1.2M, and $12.7M in funding respectively. In another notable development, Warren Buffet has announced his retirement by 2025’s end. Moreover, Hyperliquid has unveiled latest staking tiers and fee mechanism for $HYPE. Furthermore, Bybit plans to permit consumers to trade gold, stocks, oil, and indexes by 2nd quarter’s end.
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