Crypto Market Drops 1%: BTC at $77.5K, APE Surges 106%

Crypto Market Drops 1%: BTC at $77.5K, APE Surges 106%

N
News Editor 01
2026-07-22 18:30:14
Crypto market cap falls to $2.67T on April 25 as BTC and ETH dip. ApeCoin leads gainers with 106% rise. Polymarket announces upgrades; Zondacrypto CEO reportedly flees; US freezes $344M linked to Iran.
crypto marketBitcoinEthereumApeCoinPolymarket

The global crypto market declined 1% over the past 24 hours, bringing total capitalization to $2.67 trillion on April 25. Trading volume stood at $84.8 billion. Bitcoin (BTC) slipped 0.64% to $77,552.8, while Ethereum (ETH) fell 0.17% to $2,319. BTC dominance remains strong at 58.1%, with ETH at 10.5%.

Polkadot, XRP Ecosystem Gain; ApeCoin Doubles

Polkadot and the XRP Ledger Ecosystem were the top-performing sectors. Among individual tokens, ApeCoin (APE) skyrocketed 106.5% to $0.2103 on $973.7M volume. Katana (KAT) rose 65.4%, and Zebec Network (ZBCN) added 12.88%. On the downside, Tradoor (TRADOO) plunged 88.34%, Fluent (BLEND) dropped 39.41%, and JUST (JST) lost 4.55%.

Polymarket Plans Major Upgrades; Zondacrypto in Turmoil

Polymarket engineering chief Josh Stevens said rapid growth has outrun infrastructure. Planned upgrades include chain migration, order book overhaul, and perpetuals launch, alongside bug fixes and weekly reports. Meanwhile, Zondacrypto faces a crisis — CEO Przemysław Kral reportedly fled to Israel, withdrawals are halted, and Polish authorities opened criminal probes.

CFTC Sues States; US Freezes $344M Tied to Iran

The CFTC asserts exclusive federal authority over prediction markets, suing New York and opposing enforcement in Massachusetts and Arizona. Separately, the US froze roughly $344 million allegedly linked to Iran, with Tether assisting on address freezes.

Binance to Delist VINEUSDT and AIUSDT Perpetuals

Binance will settle and delist VINEUSDT and AIUSDT perpetual contracts on April 28. No new positions can be opened from 09:30 UTC that day.

KuCoin Launches Card in Australia; Upbit Delists RESOLV

KuCoin has rolled out KuCard in Australia via Mastercard, enabling crypto spending with Apple Pay and Google Pay after obtaining AUSTRAC registration. Upbit will end RESOLV trading support on May 26, citing unresolved security issues.

Aave Commits 25,000 ETH to DeFi United Aid Program

Following the rsETH incident, Aave launched the DeFi United aid program, pledging 25,000 ETH. Total commitments now reach 69,553 ETH, with about 5,500 ETH still uncovered.

Fear & Greed Index Climbs to 31, Still in Fear Zone

The Fear & Greed Index rose to 31 (Fear) from 26 last week, improving from last month's extreme fear level of 10. Sentiment remains cautious but is gradually recovering.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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