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During bitcoin's drop from around $77,000 to nearly $60,000, in addition to macro pressures and ETF sell-offs, the hedging activities of options market makers also intensified the decline. Market makers were heavily short Gamma in the $60,000 to $75,000 range, which forced them to sell bitcoin in the spot and futures markets as prices fell, further accelerating the price drop.

Foresight News reported that Bitget has launched the "VIP Protection Plan," establishing a 5,000,000 USDT protection fund. The plan covers five major areas: tier protection, high-yield financial products, contract compensation, interest-free leverage, and a $1 million return reward pool. It aims to provide exclusive rights protection for VIP users during periods of market volatility and achieve asset appreciation.Among them, the $1 million VIP exclusive return reward pool offers triple return rewards to historical VIP users whose status expired between October and December 2025. The protection plan has already taken effect on the day of the announcement, and users can check the specific participation rules and event schedule through official channels.

According to Odaily, msx.com data shows that U.S. crypto-related stocks are mixed in pre-market trading. Among them, ALTS is up more than 14.12%, ETHZ is up more than 6.65%, MSTR is down more than 2.66%, and BitMine (BMNR) is down 2.98%. It is reported that msx.com is a decentralized RWA trading platform, which has launched hundreds of RWA tokens, covering U.S. stocks and ETF token assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, etc.