Gate News bot message, the weighted average drawdown across the top 10 tokens has exceeded 60%, with the sector experiencing an average decline of 63.5% from all-time highs. Market capitalization of many projects has reset to 2023-2024 levels. Among the tokens, $TRX recorded a decline of 33.2%, while $BTC showed a drawdown of 46.5%, representing the smallest decreases in the group.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TradFi Fall Alert: VIX (VIX) Falls Over 4.5%
Gate News: According to the latest Gate TradFi data, VIX (VIX) has dropped by 4.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews21m ago
SUPER Rockets Past $0.148 — 19.9% Surge Ignites Interest
In a volatile crypto market, SUPER surged 19.9% to $0.1482 amidst increased trading activity, driven by shifts in Bitcoin dominance and heightened interest from traders. Key support and resistance levels are now under scrutiny.
Coinfomania36m ago
CoinDesk 20 performance update: NEAR Protocol (NEAR) jumps 8.1% over weekend
CoinDesk Indices reports a daily update on the CoinDesk 20 Index, which is trading at 1968.74, up 3.5%. Seventeen assets have gained, with NEAR leading at +8.1% and BCH as the laggard at -0.6%.
CoinDesk40m ago
RED briefly touched 0.22 USDT, up 96.73% over the past 24 hours
Gate News message, April 6, RED briefly touched 0.22 USDT, and is currently reported at 0.198 USDT. The 24-hour gain is 96.73%.
GateNews1h ago
Bitcoin rises to $69,350, setting a new intraday high, as reports of US-Iran ceasefire talks boost market sentiment
Gate News news. On April 6, Bitcoin rose to $69,350 briefly in the morning on Monday, setting a new intraday high. On the news front, media reports say the U.S., Iran, and regional mediators are discussing a framework for a 45-day ceasefire agreement. In the derivatives market, the crypto market has formed a short squeeze, while both implied and realized volatility remain at low levels. The situation in the Strait of Hormuz is still the key variable.
GateNews2h ago