The crypto market has faced a significant downturn, with the total cryptocurrency market capitalization declining by more than $110 billion in the last seven days. This continues the broader negative trend that has engulfed the industry in the past few months, pushing its capitalization closer to $2 trillion.

Bitcoin ETFs have seen outflows surpassing $1 billion in just 8 days, indicating a bearish sentiment among investors. Meanwhile, the Sui blockchain is exploring the use of radio waves to bank the unbanked, and Binance Research has reported that blockchain technology could transform various industries.

The article also covers the recent developments in the NFT market, where a staggering 96% of NFTs have been deemed 'dead' as the market struggles with speculation. Additionally, the altcoin season chatter has been heating up on social media, but an index indicates that it is still far off from materializing.

Source: https://crypto.aabeyllc.com/crypto-prices-plummet-trump-v-harris-developments-and-more-this-weeks-recap/

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