The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The altcoin market capitalization plummeted to $880 billion following a 22% weekly decline that shook trader confidence. Zcash led the sell-off with a crash of over 40%, while Ethereum's total open interest hit a four-month low of $23.3 billion. Conversely, Binance saw a record high in Ethereum open interest as traders aggressively entered long positions despite the broader market downturn.