Bitcoin experienced a sharp decline, falling from $114,000 and triggering $600 million in futures liquidations, marking a significant three-sigma volatility event. The market's fear and greed index dropped to 25, indicating heightened investor anxiety. This comes as Japan's new prime minister announced a $92 billion stimulus plan, which could potentially support Bitcoin. In contrast, Zcash demonstrated resilience during this period of market turbulence. Additionally, FalconX has agreed to acquire ETF manager 21Shares, aiming to develop derivatives-focused funds, signaling continued interest in expanding crypto investment products.