Rising fears of inflation and big government spending rocked equities markets and possibly had a knock-on effect on Bitcoin and altcoin prices. The cryptocurrency market corrected sharply on May 12 after the hype surrounding dog-themed tokens was deflated when Ethereum  co-founder Vitalik Buterin dumped vast amounts of the previously hot Shiba Inu, Dogelon Mars and Akita Inu on the market and donated the proceeds to charity.

The entire Top 10 is traded in the red zone. Bitcoin Cash -15.1%, Dogecoin -11.1% and Internet Computer -10.5%.

Market capitalization: $2.40T (-9.43%)
The BTC dominance: 39.77% (-1.65%)
Fear & Greed Index: 31 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

EOS Force (EOSC) +323.4%
BnkToTheFuture (BFT) +213.4%
NAOS Finance (NAOS) +207.6%

👉 Top Losers

xFund (XFUND) -48,7%
UnFederalReserve (ERSDL) -43.4%
Moonshot (MOONSHOT) -36.3%

BTC Futures

Aggregated Volume — $130.46B
Aggregated Open Interest — $16.09B

👉 Derivatives Market Analytics