News
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1Bitget Daily Digest(October 11)|Trump Announces 100% Tariffs on China, Triggering Market Turmoil; Crypto Industry Liquidations Exceed $19.1 Billion in 24 Hours, Setting New Record.2Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist3US–China Tariff Fears Hit Bitcoin Treasury Stocks
Flash
- 22:31Musk: OpenAI is built on liesJinse Finance reported that Musk posted on social media, accusing OpenAI of being "built on lies" (this content is currently pinned on his personal homepage); he also claimed that the company "stole a charity just for personal gain."
- 22:26Analyst: Yesterday's crypto market crash was due to short-term factors, with long-term fundamentals unaffectedJinse Finance reported that the crypto market experienced a sharp plunge yesterday, triggering forced liquidations of approximately $20 billion, marking a new single-day historical high. Analysts from Kobeissi Letter pointed out that this plunge was a technical correction and does not indicate a deterioration of long-term fundamentals. In the short term, prices may continue to fluctuate, but after leveraged traders are flushed out, the market is expected to accumulate momentum for the next round of gains.
- 21:26Musk: The next "Starship" test flight will launch around 5 p.m. Central Time next Monday.Jinse Finance reported that Musk revealed the next "Starship" test flight is scheduled to launch at around 5 p.m. Central Time next Monday.