The cryptocurrency market experienced mixed momentum as bearish sentiment continued to dominate. The total market capitalization saw a slight decline of 0.04%, settling at $2.98 trillion, while 24-hour trading volume plummeted by 48.48% to $55.64 billion. The Fear & Greed Index registered a score of 28, indicating prevailing fear among investors. Bitcoin and Ethereum both recorded minor losses, contrasting sharply with Black Phoenix ($BPX), which surged by an impressive 4970%. Meanwhile, the total value locked in DeFi projects increased marginally by 0.16% to $119.342 billion, though NFT sales experienced a significant drop of 15.82%, totaling $9.820 million. In other news, CoinEx was recognized as the 'Best CEX' at the BeInCrypto 100 Awards 2025.
Crypto Market Faces Volatility Amid Persistent Fear
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