8.18 Market News

1. Waking up to find Bitcoin has directly dropped below 116,000.

The weekly K-line has broken the high peak and closed with a long upper shadow bearish candle, a major correction may really be coming...

2. Ethereum seems to be holding up a bit better, but it's uncertain how long it can last.

3. This week, key focus will be on the Federal Reserve's meeting minutes, the Jackson Hole global central bankers' conference, and the trilateral talks between the U.S., Russia, and Ukraine.

4. a16z achieved over $12 million in realized profits last week.

5. Google searches for “crypto” have reached an annual high.

6. The total market value of stablecoins has grown by 2.18% over the past 7 days, surpassing $276.9 billion.

7. Metaplanet CEO: The goal to increase Bitcoin holdings to 30,000 this year remains unchanged.

8. Tom Lee comments on U.S. crypto reserve policy: Bitcoin as a strategic reserve ensures America's dominant position in future digital transformation. #加密市场回调 $BTC