According to Foresight News, Blast TVL has seen a significant decrease in its value. The data from L2BEAT indicates that Blast TVL has dropped to $25.8 billion, marking a 21.32% decline within a week. This substantial decrease reflects the volatile nature of the market and the challenges faced by Blast TVL.

According to Odaily, Blockstream CEO Adam Back recently shared his insights on the current market downturn. He pointed out that the market has experienced a decline of approximately 26%. Back compared this to previous bull markets, which have seen six instances of declines exceeding 30%. This perspective provides a historical context to the current market situation, suggesting that such downturns are not uncommon in the volatile world of cryptocurrency. Back's comments serve as a reminder that fluctuations are part and parcel of the crypto market, and investors should be prepared for such eventualities. However, it's important to note that while historical patterns can provide some guidance, they do not guarantee future performance. The market's trajectory is influenced by a multitude of factors, and each downturn or upswing is unique in its own way. Investors should therefore approach the market with caution and make informed decisions based on comprehensive research and analysis.

According to Odaily, Santiment recently reported a significant drop in the cryptocurrency market, with social media reflecting a peak in Fear, Uncertainty, and Doubt (FUD). This unusual scenario was observed when the mentions of 'sell' outnumbered 'buy' on crypto forums within an hour. This rare occurrence has led to the highest ratio of negative to positive comments so far in 2024 within the past 24 hours. For more aggressive traders, this situation presents an opportunity. Some may wish to become true contrarian investors, buying at the bottom amidst widespread anger and frustration. This strategy involves capitalizing on the market's fear and uncertainty, which is currently at an all-time high. However, it's important to note that this approach carries significant risk and should be undertaken with caution.

On Jul 05, 2024, 04:58 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 54,000 USDT and is now trading at 53,974.75 USDT, with a narrowed 8.56% decrease in 24 hours.

According to BlockBeats, data from Coinglass on July 5th revealed that global liquidation has surged to $600 million in the past 24 hours. The report indicates that the majority of this figure, $536 million, was from long positions being liquidated, while short positions accounted for the remaining $78.13 million. This significant increase in liquidation across the network signals a volatile period in the market. However, the specifics of the contributing factors to this surge were not detailed in the report. Further analysis and monitoring of the market trends are required to understand the full implications of this development.

On Jul 05, 2024, 04:20 AM(UTC). According to Binance Market Data, BNB has dropped below 460 USDT and is now trading at 459.700012 USDT, with a narrowed 15.01% decrease in 24 hours.

On Jul 05, 2024, 04:17 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 55,000 USDT and is now trading at 54,988.359375 USDT, with a narrowed 6.93% decrease in 24 hours.

According to Foresight News, Ethereum, a popular cryptocurrency, has experienced a significant drop in its value. The digital currency has fallen below the 2900 USDT mark, currently standing at 2892.51 USDT. This represents a daily decrease of 5.54%. The fluctuation in Ethereum's value is a common occurrence in the volatile cryptocurrency market.

On Jul 05, 2024, 03:02 AM(UTC). According to Binance Market Data, BNB has dropped below 470 USDT and is now trading at 470 USDT, with a narrowed 12.79% decrease in 24 hours.

On Jul 05, 2024, 03:00 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 56,000 USDT and is now trading at 55,894.78125 USDT, with a narrowed 5.19% decrease in 24 hours.

On Jul 05, 2024, 02:59 AM(UTC). According to Binance Market Data, BNB has dropped below 490 USDT and is now trading at 488.5 USDT, with a narrowed 9.32% decrease in 24 hours.

On Jul 05, 2024, 02:52 AM(UTC). According to Binance Market Data, BNB has dropped below 500 USDT and is now trading at 499 USDT, with a narrowed 7.49% decrease in 24 hours.

According to BlockBeats, a significant drop in the altcoin market was observed on July 5th. Several altcoins experienced a decline in their value, following the general market trend. The altcoin PEOPLE saw a decrease of 29.72% in its value over 24 hours, with its current price standing at 0.05538 USD. Another altcoin, ZK, experienced a drop of 24.73% in its value within the same period, with its current price being 0.137 USD. The altcoin AEVO also saw a decrease in its value, with a drop of 24.19% over 24 hours. Its current price is 0.376 USD. BAKE, another altcoin, experienced a decrease of 23.44% in its value over 24 hours, with its current price at 0.209 USD. Lastly, the altcoin YGG saw a decrease of 22.75% in its value over 24 hours, with its current price standing at 0.42 USD. These significant drops in the altcoin market are reflective of the overall market trend.

On Jul 05, 2024, 00:37 AM(UTC). According to Binance Market Data, BNB has dropped below 510 USDT and is now trading at 508.700012 USDT, with a narrowed 8.64% decrease in 24 hours.

On Jul 05, 2024, 00:04 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 57,000 USDT and is now trading at 56,873.488281 USDT, with a narrowed 5.62% decrease in 24 hours.

On Jul 04, 2024, 23:34 PM(UTC). According to Binance Market Data, Ethereum has dropped below 3,100 USDT and is now trading at 3,098.550049 USDT, with a narrowed 5.98% decrease in 24 hours.

On Jul 04, 2024, 23:22 PM(UTC). According to Binance Market Data, BNB has dropped below 520 USDT and is now trading at 519.700012 USDT, with a narrowed 6.76% decrease in 24 hours.