GM, If you missed the past 24 hours in crypto, here's your full recap - no fluff, just facts. 🚨---- Major Headlines ----🚨 → BTC has officially broken below 80,000, briefly wicking to 78,000—the lowest level since early November. → Overall crypto market sentiment is at its lowest since August. → The fear and greed index has dropped to 14 in extreme fear, the lowest level since the 2022 bear market. → Over 1.5T was wiped out from the stock market today. → The Nasdaq is now down -12% over the past two weeks, one of the biggest declines since 2020. → BTC funding rates have hit their lowest level since October 2023, when Bitcoin was trading at 28,000. → Last week’s total ETF outflows amounted to a net -899M, marking the fourth consecutive week of outflows. → Michael Saylor’s Strategy has unveiled a 21 billion ATM program to issue preferred stock, with proceeds allocated for BTC acquisitions and corporate initiatives. → Coinbase is set to launch 24/7 perpetual-style futures in the US. → Thailand’s SEC has approved Tether’s USDT as an official cryptocurrency. → The Utah Senate has passed a BTC bill protecting the right to self-custody and Bitcoin mining. 📊---- Altcoin Market Updates ----📊 → With the market-wide dip, it's been a brutal day for alts, with the OTHERS index wiping out -25B. 📉 The biggest narrative mindshare loser is Memes, down -1.82%. 📉 Within memes, notable price losers include PEPECOIN -30%, SPX -26%, and -BITCOIN -19%. 📉 The RWA sector is the second-largest mindshare loser, down -0.89%. 📉 Within RWA, the biggest mindshare losers are LINK -5.37%, MKR -4.52%, and PENDLE -3%. 📈 Despite the dip, the utility sector has shown strength, emerging as the top mindshare gainer, up +0.30%. 📈 The top trending utility coins are HYPE, AAVE, and KAS. 📈 Across the top 100 cryptos, the top price gainers are IP +6%, MOVE +5%, and MNT +4%. 📈 Outside of the top 100, we saw hints of outperformance. The top price gainers are SVM +100%, DRB +83%, and FTW +67%. → From today’s top price gainers, MNT now makes up 0.50% of all L2 mindshare. → MNT is also now #3 for total TVL-to-market cap ratio across L2s, with a total TVL of 250M. → COOKIE will be live for trading on @coinbase tomorrow. If you enjoyed this daily roundup, make sure to follow me @milesdeutscher- I'll see you tomorrow.