major coins showed signs of gains on sunday evening as the global cryptocurrency market cap rose 04 to 8128 billion at 735 pm est see also is binance better than coinbase why it matters risk assets were showing feeble gains on sunday evening with stock futures largely trading flat ahead of a fresh trading week investors will look forward to the continuation of the earnings season and the survey from the national association of home builders which is a measure of monthly sentiment this week “bitcoin is declining as risk aversion runs wild on recession fears and on growing concerns that another crypto exchange could be at risk of massive withdrawals” said edward moya a senior market analyst with oanda in a recent note seen by benzinga going ahead into a new trading week alternativeme’s “crypto fear  greed index” indicated investor sentiment was unchanged from “fear” compared with the last week’s reading last week was dominated by the news surrounding binance the largest spot cryptocurrency exchange glassnode noted that the platform had seen 32 billion in combined stablecoin outflows as of friday the onchain analysis firm said that binance accounted for 66 of all stablecoin outflows that it tracked which is in line with market share binance said last week that auditing firm mazars had suspended working with cryptocurrency companies including itself the announcement from the changpeng zhaoled company led to a drop in the valuations of major coins including bitcoin and ethereum zhao appeared on a cnbc interview last week and said the big four auditing firms “don’t know how to audit cryptocurrency exchanges” glassnode said that exchange balances and proofofreserves is a “nuanced” topic since it requires checking both onchain assets and also offchain liabilities the platform said binance held nearly 40 billion in various cryptocurrency assets as of friday read next if you invested 1000 in bitcoin when donald trump said he wasnt a fan heres how much youd have today