Bitcoin24h $64,971.88+0.08%

Ethereum24h $1,916.89-0.04%

BNB24h $604.62+0.78%

XRP24h $1.04-0.20%

Solana24h $76.94+1.17%

TRON24h $0.3294+0.22%

Hyperliquid24h $53.90-2.01%

Dogecoin24h $0.0700-0.76%

UNUS SED LEO24h $9.72+0.19%

Zcash24h $513.56+1.15%

Crypto crashed way harder than Japan or global markets

Amid the FX and carry trade crisis in Japan last weekend, bitcoin lost one-fifth of its value. Other crypto assets fared far worse.

One year on, ‘crypto killer’ FedNow still hasn’t killed crypto

FedNow, a 24/7 payments platform that outcompetes most blockchains, has nonetheless failed to impact the value of most crypto assets.

MicroStrategy shed $7.4B of its value over the weekend as investors responded to Japanese markets, share dilution, and a BTC decline.

Blockchain monitors noted that the Nomad Bridge exploiter had spent 39.75 million of Maker’s DAI stablecoin for 16,892 ETH.

Sun is apparently keen to start a billion-dollar fund to save the entire crypto space in the midst of a 20% drawdown of most tokens.