Core Insights - The cryptocurrency market experienced a significant downturn, with Bitcoin dropping below $121,544.6 after a period of gains, leading to over 165,000 liquidations totaling approximately $606 million [1][3][4]. Market Performance - Major cryptocurrencies saw declines: AVAX fell nearly 9%, DOGE over 7%, and ETH close to 5%. In contrast, BNB rose over 6% [3][4]. - Bitcoin's price fluctuated, reaching a high of $126,000 on October 6, before the recent drop [5]. Liquidation Data - In the last 24 hours, 165,394 traders were liquidated, with the largest single liquidation on OKX-BTC-USDT-SWAP valued at $8.7426 million [4][5]. - The total liquidation amount included $294.719 million in one hour and $460.499 million in four hours [5]. Institutional Interest - On October 6, Bitcoin ETFs in the U.S. saw an inflow of $1.21 billion, marking the largest single-day inflow since the election of Donald Trump in November 2024 [5]. Market Dynamics - Following Bitcoin's price surge, some investors opted to take profits, leading to a significant increase in open contracts for Bitcoin futures [6]. - The current market correction is testing the resilience of long positions, with a focus on buyer engagement and key support levels [6]. Regulatory Developments - Several crypto companies are lobbying the Bank of England to reconsider its restrictions on stablecoin holdings, arguing that the current regulations put the UK at a disadvantage compared to the U.S. and EU [6]. - The Bank of England previously proposed limits on individual stablecoin holdings between £10,000 and £20,000, and corporate holdings at £10 million [6]. Future Projections - JPMorgan forecasts that the adoption of stablecoins could lead to an influx of trillions of dollars into the dollar system over the coming years, with an estimated additional demand of $1.4 trillion by 2027 [6]. New Financial Products - S&P Dow Jones Indices launched the S&P Digital Markets 50, a new index that includes 15 cryptocurrencies and 35 related stocks, marking the first mixed index of its kind [7]. Digital Currency Initiatives - India plans to introduce a central bank-supported digital currency, which will differ fundamentally from private cryptocurrencies, ensuring user safety and maintaining the integrity of the financial system [8].
突发大跳水!超16万人爆仓
Zhong Guo Ji Jin Bao·2025-10-08 05:43