On Thursday morning in Asia, the top 10 non-stablecoin cryptocurrencies all experienced losses, with concerns over the US debt ceiling talks and the Fed’s interest rate policy leading the way. The biggest loser was Bitcoin, which fell 4.26% in the last day to US$26,003 and posted a loss of 10.08% for the week. Solana suffered the most losses, dropping 4.95% to US$18.9 in the previous day. The 13th largest cryptocurrency, Litecoin, experienced a 24-hour decline of 8.76%. Binance founder Changpeng Zhao tweeted that CCTV’s coverage of Hong Kong’s regulatory framework for cryptocurrency trading may be a sign of more upbeat times to come for the market.
In the 24 hours leading up to 10:30 a.m. in Hong Kong, the Forkast 500 NFT index decreased 0.85% to 3,359.96 while NFT sales on Ethereum increased 21.15% and Bitcoin decreased 34.13%. With 27 transactions from 24 sellers over the course of the previous day, Bored Ape Yacht Club (BAYC) had the most sales on the NFT market. In terms of daily sales, DMarket, a collection of gaming NFTs built on the Mythos blockchain, came in second.