The crypto market has been buzzing with activity over the past 24 hours, with key developments and rumors circulating on X. This daily market recap is your quick rundown:
Market Overview
- Bitcoin hovers around $80,000, while altcoins dip 2-3%. The total market cap stands at ~$2.5 trillion, with investor sentiment cautious as the Fear & Greed Index remains low.
CZ and Justin Sun Rumors
- Some X posts claim Changpeng Zhao (CZ) provided evidence against Justin Sun as part of a U.S. DoJ plea deal, but this remains unverified.
- Justin Sun refutes the rumors, calling CZ a “mentor and close friend,” emphasizing their positive relationship and mutual respect.
Daily Market Recap – Top Stories
- Global Tariffs: China imposes a 125% tariff in response to the U.S., raising concerns about crypto capital flows.
- U.S. Crypto Policy: Trump signed a resolution to repeal IRS tax rules, which is seen as a positive signal for DeFi.
- Binance: Announces three winning coins from its Vote-to-List program, grabbing community attention.
- World Liberty Financial: The Trump-related DeFi project denies rumors of dumping $8M in ETH.
Meme Coins Highlights
- The Egg (@PercentageEgg) is generating buzz. With only 4% left until the “egg” is opened, it is sparking curiosity among followers. Look out for this meme coin in other articles on the MevX blog.
- $TRUMP: On April 18, the $TRUMP meme coin will unlock 40M tokens worth $321M, likely triggering volatility. Already down 89% from its ATH of $73.43, retail investors have faced $2B in losses.
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