Stocks $BTC and $ETH fell, with over $1.2 billion liquidated across the entire network. A vulnerability attack on Balancer, coupled with massive whale selling, triggered panic.

Total market capitalization declined 3.31% in 24 hours to $3.56 trillion.

However, privacy-related stocks stood out, with $ZEC and $DASH continuing to rise against the trend. ZEC's market capitalization surpassed Monero's for the first time.

I tend to believe this decline is an emotional overreaction, not a structural collapse.

Short-term pullbacks are possible, but funds are rapidly seeking safe havens and new narratives.