Cryptocurrency Market Summary on September 12: Why did the MYX Finance token price fall?
Source: CoinWorld
Time: 2025-09-12 10:46:35
Cryptocurrency market value rose 1.8% to $4.11 trillion, with trading volume reaching $163 billion. Bitcoin occupies a dominant position, accounting for 56%, and Ethereum occupies 13.3%. BlackRock plans to launch tokenized ETFs for all-weather trading and cryptocurrency collateral, and is currently awaiting regulatory approval. Xiaobai Technology, the stock with the largest increase, rose 94.2%, while MYX Financial led the decline, falling 31.8% due to suspected market manipulation. The U.S. consumer price index rose 2.9% year-on-year in August, but the market expects the Federal Reserve to cut interest rates. The Fear and Greed Index reached 57, indicating that investor confidence has increased.