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Home » Crypto Market Extends Losses As $BTC And $ETH Slide Amid Extreme Fear
Crypto Market Extends Losses As $BTC And $ETH Slide Amid Extreme Fear

Crypto Market Extends Losses As $BTC And $ETH Slide Amid Extreme Fear

February 11, 20263 Mins ReadNo Comments Altcoins
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The crypto sector is going through an extended dip as the key crypto assets have seen notable price dips over the past 24 hours. Hence, the total crypto market capitalization is 2.86% down at $2.31T. In addition to this, the 24-hour crypto volume has witnessed a 11.78% decrease, reaching $99.11B. Concurrently, the Crypto Fear & Greed index sits at 9 points, showing “Extreme Fear” among the market participants.

Bitcoin ($BTC) Drops by 3.48% and Ethereum ($ETH) Undergoes 5.05% Slump

Specifically, the price of Bitcoin ($BTC), the flagship crypto asset, is $67,351.93. This shows a 3.48% dip while $BTC’s market dominance is almost 58.5%. Along with this, the top altcoin, Ethereum ($ETH), is changing hands at $1,964.16, showing a 5.05% decrease. In the meantime, the market dominance of $ETH accounts for up to 10.3%.

$TRUMP, $IRIS, and $BOME Emerge as Leading Crypto Gainers of Day

Apart from that, the top crypto gainers of the day include PEPE ($TRUMP), IRISnet ($IRIS), and Book of Meme 3.0 ($BOME). Particularly, $TRUMP has seen a noteworthy 1011.23% increase, with its price reaching $0.0001177. Following that, an 838.37% rise has placed $IRIS’ price at $0.005003. Subsequently, with a 644.42% increase, $BOME is now hovering around $0.000000006933.

DeFi TVL Plunges by 1.57% While NFT Sales Volume Shows 11.32% Spike

Simultaneously, the DeFi TVL has dropped by 1.57%, attaining the $96.931B mark. In addition to this, the top DeFi project in the case of TVL, Aave, has slumped by 2.51%, hitting the $27.925B figure. Nonetheless, when it comes to 1-day TVL change, Prism DEX occupies the leading position in the DeFi sector, accounting for a stunning 3034385% jump over the past twenty-four hours.

In the same vein, the NFT sales volume is 11.32% up at $9,168,908. Additionally, the top-selling NFT collection, Flying Tulip PUT, has recorded a 21.30% rise, reaching $2,865,217.

South Korea Questions Bithumb CEO as CleanSpark, IREN Keep Incurring Losses Following Revenue Misses

At the same time, the crypto sector has also gone through many other key developments across the globe over 24 hours. In this respect, the policymakers of South Korea have questioned Lee Jae-won, the CEO of Bithumb, following the exchange unintentionally transacted $40B in $BTC, a number which is over twelve times the actual holdings.

Moreover, the shares of CleanSpark and IREN, the popular Bitcoin miners, keep falling following revenue misses. Furthermore, SafePal has unveiled a $3M Solana Builder’s Grant to back network growth across Solana during 2026.

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

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