Paxos Halts BUSD, Bitcoin’s Taproot Welcomes Over 76K NFTs, and More!

Markets crumbled in its first week after US regulators cracked down on Paxos, ordering it to halt minting BUSD.
Bitcoin and Ethereum decreased by almost 6% and 10%, respectively, over the past week. Headwinds have affected Avalanche and Optimism the most, decreasing by 15.
6% and 27%, respectively.
What may be contributing to Optimism’s drop is.