Summary
- Ethereum has seen a significantly widened decline in the recent bear market, causing concern among investors.
- Tether trading volume has greatly increased as investors swap into stablecoins for risk hedging purposes.
- Bitcoin gave up the $80,000 level, with possibilities of further decline being suggested, increasing investor concerns.

According to the Token Mindshare Top Gainers (a metric that quantifies the influence of specific tokens in the virtual asset market) from Kaito, an AI-based Web3 search platform, the top 4 virtual asset-related keywords that people are showing the most interest in as of the 11th are Ethereum (ETH), Tether (USDT), Bitcoin (BTC), and Crypto The Game.
First, Ethereum, the leading altcoin, took the top spot. Ethereum is the virtual asset that has experienced the most severe decline in the recent bear market, causing concern among investors. As of 1:22 PM today, Ethereum is trading at $1,871, down 10.02% compared to the previous day. Ethereum has fallen to the $1,800 level for the first time in about a year. President Donald Trump's aggressive tariff policies have amplified macroeconomic anxiety, causing risk asset markets to simultaneously decline. Ethereum spot ETFs also saw a net outflow of $34 million today.
Tether took second place. Similar to yesterday, it ranked high as investors swapped their held virtual assets into stablecoins for risk hedging purposes. Tether's trading volume today has surged by 50% compared to the previous day, recording $116.5 billion.
Bitcoin also raised investor concerns as its decline intensified today. Bitcoin briefly fell below the $80,000 level during the session, but is currently trading at $80,043, down 2.87% from the previous day. Arthur Hayes, founder of BitMEX, suggested the possibility of further decline, stating that "Bitcoin's bottom price is expected to be around $70,000."
Crypto The Game, a virtual asset survival game, took fourth place. It is presumed to be receiving a lot of attention in the community as early access to Season 3 has begun.
In addition, investors today are also showing interest in Tribe.run (TRIBE), Coinbase, Movement (MOVE), Starknet (STRK), USDC, and Strike (STRK).

Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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