📉 Bitcoin dips below $39,000, lowest since December, as institutional sales weigh down the market. Crypto market sees average declines of nearly 6%. Short-term investors are exiting the market at a loss, potentially leading to more selling pressure.

🚀 FTT token rises 11% after FTX's bankruptcy estate dumps 22 million shares of Grayscale's GBTC bitcoin ETF, worth nearly $1 billion. FTT trading volumes jump to $90 million, up from $22 million on Sunday.

🇺🇸 Donald Trump reiterates opposition to central bank digital currencies (CBDCs) at a rally, calling a digital dollar a dangerous threat to freedom. Digital assets remain a peripheral topic in the 2024 U.S. presidential race.

📊 Chart of the day: Ether's seven-day call-put skew drops to -7%, the lowest in three months, indicating a bias for puts or options allowing buyers to profit from or hedge against price slides.

What do you think about the recent market movements? Share your thoughts in the comments! 💬