BNB Slips Below $1K as Crypto Market Drops, Fear Index Nears ‘Fear’
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The decline in BNB comes as sentiment remains poor, with the Crypto Fear and Greed Index nearing "fear" and the average RSI indicating oversold conditions.
[Federal Reserve's Barr Proposes Customization of Bank Capital Requirements]
Federal Reserve Governor Barr has proposed separating bank capital requirements from stress test results and customizing them based on the individual circumstances of each bank. He emphasized that regulators should maintain the rigor of stress tests and avoid formulaic capital requirements that weaken their specificity. Stress tests, introduced after the 2008 financial crisis, aim to assess banks' ability to withstand economic shocks, a measure Barr has consistently supported.
The current total market value of cryptocurrencies is 3.91 trillion US dollars, with a 24-hour evaporation of 182.602 billion US dollars, a decrease of 4.45%. Among them, Bitcoin accounts for 55.75% of the market value, while Ethereum accounts for 12.12% of the market value.