Crypto Market Cap Drops 7.15% to $2.22 Trillion

Token Times Market Desk — The total crypto market cap stood at $2.22 trillion, down 7.15% over 24 hours, reflecting a broadly negative trading session. The reported moves in major assets and several smaller tokens indicate weakness across the market, although no single catalyst explains the entire decline.

Bitcoin traded at $64,636 after falling 4.18% over 24 hours, while its market dominance remained approximately 58.7%. Ethereum was priced at $1,807.79, down 5.00% over the same period, recording a larger decline than Bitcoin.

Pieverse was the only listed major gainer, rising 11.11% over 24 hours. The token also gained 28.08% over seven days despite the broader downturn, but no recent project-specific headlines were identified to explain the move, leaving no clear catalyst.

Pudgy Penguins fell 16.86%, Aster declined 15.14%, Injective lost 13.34%, and Pump.fun dropped 12.71% over 24 hours. No clear coin-specific catalysts were found for these declines, which were reported as broadly consistent with market weakness and extreme fear sentiment.

The Fear & Greed Index stood at 10, indicating extreme fear, while Bitcoin dominance was approximately 58.7%. Recent headlines covered a forced Bitcoin Lightning exit, reported efforts involving stolen Binance crypto, JPMorgan’s Bitcoin ETF holdings, and a 10% decline in Ethereum, providing context for the market’s defensive conditions.