TradFi上涨提醒：USDZAR上涨超0.5%

Bitcoin drops toward $68,000 as demand weakens and whales sell

Bitcoin BTC$68,767.57 slid toward $68,000 on Tuesday, with traditional markets closed in Hong Kong for a long weekend, as repeated failures near $70,000 left the bitcoin market vulnerable to a break lower. The drop came after another failed push above $70,000, with prices slipping quickly once

Freedom of Money surges 50%, as CZ’s new book drives a wave of same-name meme coin hype

Meme coin Freedom of Money saw a major surge of 50% on April 7, with its market value exceeding $22 million, driven by market sentiment after CZ announced that a new book is set to be released. However, the coin has no official connection to CZ or Binance, and its rally is purely a market-sentiment hype; investors should be cautious of the risks stemming from a lack of fundamental support.

BSC Chain Meme Coin Freedom of Money has surpassed a market cap of $21 million, up more than 50% intraday

Gate News message, April 7, on the BSC chain, the Meme coin Freedom of Money saw continued sharp gains starting in the early hours today, briefly breaking through $22 million and continuing to set new highs; it was temporarily reported at $21.2 million. The intraday gain once reached 50%, and the 24-hour trading volume was $5 million. Note that Meme coin trading is subject to massive volatility, relies largely on market sentiment and concept hype, and has no real value or use case; investors need to be cautious about risks.

The crypto market is broadly down; only the RWA sector is up slightly, at 0.42%.

On April 7, the crypto market fell broadly, with only the RWA sector up slightly by 0.42%. Major coins Bitcoin and Ethereum declined by 0.34% and 0.43%, respectively. Other sectors generally contracted, but some projects such as Creditcoin and Centrifuge rose against the trend.

Tom Lee has released a post-war asset ranking, with Ethereum outperforming the broader market to win second place.

Tom Lee said on CNBC that since the start of geopolitical conflicts, Ethereum has outperformed the broader market, posting a gain of more than 8% and ranking second globally. Wartime fiscal spending is expected to grow, which will provide support for the market. BitMine recently holds more than 4.8 million Ether—equivalent to more than 4.8 million Ethereum—showing bullish confidence and strategy.

CFG (Centrifuge) rose 7.77% in 24 hours

Gate News message, April 7, according to Gate market data, as of the time of publication, CFG (Centrifuge) is trading at 0.17 US dollars. In the past 24 hours, it has risen by 7.77%, with a high of 0.17 US dollars and a low of 0.16 US dollars. The current market cap is approximately 99.9501 million US dollars. Centrifuge is a decentralized asset financing protocol that connects real-world assets to DeFi, helping to reduce capital costs for small and mid-sized enterprises, and providing DeFi investors with a stable source of yield. With Centrifuge, businesses can tokenize real-world assets and use them as collateral to obtain financing through the asset-backed lending Dapp Tinlake. Centrifuge is a professional on-chain asset management infrastructure for asset managers and investors.