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.

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The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
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2025/09/18 00:36