CryptoRank.io revealed that cumulative crypto market capitalization has dipped to $3.76T, showing a 1.10% plunge throughout the recent twenty-four hours.
Despite a bearish market sentiment, greed is on the rise in the crypto sector. As per CryptoRank.io, the worldwide crypto market capitalization dipped to the $3.76T mark on Friday, April 14. However, the Fear & Greed Index remained in the “Greed” phase at 75, indicating continued optimism among crypto investors.
Large-cap crypto tokens faced difficulties in maintaining their positions amid the market downturn. At the same time, small-cap crypto tokens made massive gains during this period.
CryptoRank.io also highlighted promising developments in the crypto market, despite the overall bearish trend. The latest funding rounds included SignalPlus ($11M), Ranger ($1.9M), and MinionLab ($2M). Moreover, Nillion Network partnered with an AI-centered DAO, and Grayscale filed an application to launch a Litecoin ETF, showcasing the expanding institutional interest in the crypto industry.
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