Cryptocurrency market in a downturn, volatility intensifying

2026-01-13 08:53:33

Abstract generation in progress

The cryptocurrency market is experiencing mixed movements amid weak sentiment. The overall market size has slightly declined to around $2.98 trillion, and investors continue to harbor strong anxiety.

Trading activity sharply contracts, investor sentiment worsens

24-hour trading volume has plummeted to $55.64 billion, roughly half of the previous period. The fear and greed index has dropped to 28, indicating that fear is dominating among market participants.

Major assets show slight weakness, some altcoins surge

Bitcoin(BTC) is holding steady with a +1.75% increase over 24 hours, and Ethereum(ETH) is up +0.88%. Meanwhile, Black Phoenix($BPX) has recorded an astonishing rise, drawing market attention.

DeFi remains resilient, NFT market shows deepening weakness

The assets locked in the DeFi ecosystem amount to $119.34 billion, maintaining stable movement. In contrast, the NFT trading market shows clear stagnation, with total trading volume dropping to around $9.82 million.

As the crypto market continues to be dominated by weak sentiment, cautious approaches from investors are required.

BTC-2,29%

ETH-3,41%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.