The cryptocurrency market continues to face a pessimistic outlook as the total market cap remains stagnant at $1.10T, with a negligible -0.02% change in the past 24 hours. Trading volume has also decreased by -0.02%, currently standing at $80.49B. Bitcoin, the market leader, is trading at $27,864 after a -0.25% loss in the last 24 hours, and its dominance has fallen by -0.10%.

The bearish sentiment is evident as 86% of coins lost value in the past day. Among the top 200 cryptocurrencies by market cap, Storj, Liquity, and WAX were the only gainers, while Avalanche, Flare, and Loom Network were the biggest losers. Lido DAO Token, today's coin of the day, saw a 2.91% increase in price, trading at $1.62. However, the overall market outlook remains bleak, with a neutral sentiment for Lido DAO Token.