❓ What happened in #Crypto over the past 24 hours
1. Market Trends
▪️ $BTC showed slight fluctuations, with a relatively calm weekend market, currently priced around 84000
▪️ $ETH is moving sideways, currently hovering around 1600
▪️ $SOL is showing decent elasticity, as a golden dog emerges on the chain, pushing prices up a bit
▪️ Altcoins are experiencing a widespread decline, especially the #RWA sector which has been dragged down by $OM. Do not have faith, do not have faith, do not have faith (important things said three times)
2. On-chain News
▪️ Total TVL across chains is 89.392B, with Ethereum DeFi TVL at only 45.892B
▪️ The shape of $RFC dominates the chain, with a market cap surpassing 100M, a major golden dog in the last month or two, and the chain is quickly warming up
3. Hot News
▪️ Analysis: Focus will shift from tariffs to the conflict between Trump and Powell
▪️ The plummet of $OM triggered $66.97 million in liquidations, with 10 positions exceeding one million dollars each
▪️ At least 17 wallets deposited 43.6 million OM into exchanges before the collapse of $OM, accounting for 4.5% of the circulating supply
▪️ Trump suspends tariffs on electronic products, temporarily supporting the dollar
▪️ Opinion: The U.S. bond market may face turmoil forcing the Federal Reserve to intervene, potentially prompting some investors to turn to Bitcoin
▪️ BlackRock CEO: Economic recession may have already begun, but releasing new liquidity could become a catalyst for cryptocurrencies
