Analysts caution that the market remains vulnerable to further declines, with large token movements and macroeconomic factors contributing to uncertainty.

The price of Ethereum fell by 8%, while ETF funds related to Ethereum flowed out by over $1.4 billion, causing long-term holders to begin selling assets. （CoinDesk）

[Multicoin Capital Invests in Ethena Protocol's Native Token ENA] Multicoin Capital announced the use of liquid funds to invest in Ethena Protocol's native token ENA.

Over the past 30 days, more than $5.76 billion in stablecoins have been deposited into Binance, indicating that traders are transferring funds to the exchange for purchases or trades. （CryptoQuant）

The Bank of England has released a new stablecoin proposal, although some early suggestions have been relaxed, the industry believes that the relevant regulations are still too strict. （Cointelegraph）