Bitcoin is down nearly 20% in seven days to trade at $16,789 as a result of the FTX bankruptcy, which has caused market chaos and risk-off sentiment. Ethereum, the second-most valuable cryptocurrency, on the other hand, has plunged over 20% in the last seven days to trade at $1,252.20.

The global crypto market cap fell over 4% to $810.59 billion on the previous day, sending major cryptocurrencies into the red early on November 14. In contrast, the total crypto market volume increased over 12% in the last 24 hours to $60.78 billion.

The overall volume in DeFi was $4.23 billion, accounting for nearly 7% of the entire 24-hour volume in the crypto market. The entire volume of stablecoins was $56.48 billion, accounting for 92% of the overall 24-hour volume of the crypto market.

(By Ali B.)