Demand for digital assets has dried up in recent weeks and both bitcoin and ether ETFs have seen net outflows in the last month, the report said.

Many of the largest decentralized exchanges (DEX) tokens posted gains on Tuesday.

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.

The boss of Japan's Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related