ETH falls below the $4000 mark

OKX-BTC/USDT is currently trading at $111011.10, with a 5-minute drop of 0.01%. Please pay attention to market fluctuations.

The current total market value of cryptocurrencies is 3.95 trillion US dollars, with a 24-hour evaporation of 145.368 billion US dollars, a decline of 3.55%. Among them, the market value of Bitcoin accounts for 56.06%, and the market value of Ethereum accounts for 12.29%.

[Wall Street Warns of Increased Short-Term Volatility Risk in U.S. Stocks] Wall Street strategists have warned that U.S. stocks may face greater short-term volatility. Factors such as high valuations, government shutdowns, and trade uncertainties are increasing market vulnerability. The S&P 500 Index has gone 97 consecutive days without a 5% pullback, far exceeding the long-term average, potentially entering a technical correction cycle. Analysts from Morgan Stanley and JPMorgan have both pointed out that elevated stock valuations and crowded positioning could exacerbate short-term correction risks.

**[Binance HODLer Airdrop Launches Yield Basis (YB)]** Binance announces the launch of the HODLer airdrop event, introducing the Yield Basis (YB) token, a DeFi protocol designed to provide yield to liquidity providers while mitigating impermanent loss through leverage. The airdrop will take place on 2025-10-15 at 19:00 (UTC+8). The token will begin trading on 2025-10-15 at 19:00 (UTC+8), supporting trading pairs such as YB/USDT, YB/USDC, and YB/BNB. After the airdrop, YB will be available on services such as Spot Trading, Deposit Services, Trading Bots, and Spot Copy Trading, with an expected launch time of 2025-10-15 at 19:00 (UTC+8). **Important Notes:** - Users must subscribe BNB to the designated product between 2025-10-09 and 2025-10-11 to participate in the airdrop and hold at least 0.01 BNB. - YB trading will begin on 2025-10-15 at 11:00 (UTC), supporting multiple trading pairs. - Users from the following regions are not eligible to participate: the United States, the United Kingdom, Canada, and others.

[Analysis Suggests Trump May Discuss Reaching a Trade Agreement] According to Foresight News, The Kobeissi Letter pointed out that the Trump administration's strategy in trade negotiations over the past 10 months has shown certain patterns. It has now entered the ninth step, where members of the Trump administration may discuss reaching a trade agreement in the coming weeks. Analysts believe this strategy has repeatedly influenced market trends, and investors should pay attention to subsequent developments.