🌙 Late-Night Recap | October 16

Here are tonight’s three key themes worth reviewing before bed:

📉 Macroeconomic headwinds: US PPI surged to 6.3% in August—triple the Fed’s 2% target—reviving rate-hike expectations. $BTC briefly dipped to $81,000, while the US Dollar Index hit its highest level since May 2025.

💥 Geopolitical escalation: More than 20 vessel attacks have been recorded in the Strait of Hormuz this month. US media reports that the military has drawn up plans for “Mother of All Bombs” strikes on Iranian energy facilities, driving up both oil prices and safe-haven demand.

🖥️ Chip stocks plunge: South Korea’s KOSPI and KOSDAQ both triggered circuit breakers for the first time since late July. SK Hynix fell more than 10%, Samsung dropped 7%, and foreign investors’ net selling in Taiwan stocks hit a record $9.3 billion in a single day.

Highlights: USDC became the first “significant e-money token” under the EU’s MiCA framework; a CAKE proposal to cut supply by 69% and raise LP revenue sharing to 88% won CZ’s support; the SOL Alpenglow upgrade goes live on October 21; and INJ saw $10 billion in RWA tokenization.

On a volatile night, protecting your positions matters more than chasing a rally.

NFA | DYOR

#BTC #加密货币 #Web3 #比特币 #Blockchain