Global crypto market capitalization declined to approximately $3.21 trillion, representing a decrease of 3.61% to 3.78%, with Bitcoin maintaining dominance at 58.8% and Ethereum at 11.7%. The Fear & Greed Index reflected extreme fear, registering at 17 out of 100. Digital asset exchange-traded products saw weekly outflows of $2 billion—the highest since February—primarily from Bitcoin and Ethereum ETFs. Liquidations totaled $894 million, including $552.9 million in long positions and $341.2 million in shorts, highlighted by a $96.5 million BTC-USD liquidation on Hyperliquid. More than $4 billion exited the Bitcoin and Ethereum markets combined, accompanied by $616 million in overall liquidations. Starknet announced a partnership with Zcash to create the “ZTARKNET” Layer 2 solution, reports emerged of Solana founders shifting focus toward Zcash, and Zcash open interest reached an all-time high of $1.5 billion. @jpmorgan introduced deposit tokens on the Base network, @VanEck’s VBILL tokenized treasury product surpassed $100 million in assets under management across chains, Reya launched as the first trading-specific rollup perpetuals DEX on Ethereum, and Filecoin’s F3 upgrade reduced block finality to minutes. Aster DEX achieved $1 billion in 24-hour trading volume, with its team postponing token unlocks until 2035. Cautionary signals included the depegging of Yala’s YU stablecoin and criticism of $ASTER tokenomics. 🚨 Arthur Hayes liquidated $7.4 million in Ethereum-ecosystem tokens, and Peter Thiel sold 50% of his stake in Bitmine.