Overseas Crypto Market Brief (2026-10-02)
1. Market Overview
- BTC (Bitcoin) has recently been trading sideways in the $84,000–$85,000 range; ETH (Ethereum) fluctuates around $2,700.
- The Fear & Greed Index is 74, in the greed zone. Over the past 24 hours, total global derivatives liquidations were about $171 million, with long-position liquidations slightly larger than short liquidations.
- Total crypto market capitalization is close to $3 trillion, with a modest intraday increase.
2. Industry Developments
- Fed officials have adopted a more hawkish tone, suggesting that further rate hikes may be needed. The news has created external pressure on the crypto market and is one of the major macro variables driving current sentiment.
- The Ethereum Foundation has launched the zkapi project, using zero-knowledge proof technology to enable an anonymous AI API for on-chain payments. It separates on-chain payments from user identity and focuses on privacy-related applications.
- Trump-related meme coin $TRUMP news: it announced it would invite the former 185 token holders to a private dinner in Washington in November. After the announcement, the token briefly surged by about 10%, then quickly fell back. This type of meme coin carries extremely high risk, and prices are highly susceptible to manipulation.
- A vulnerability incident on the NEAR network has already been resolved and the system restored. The vulnerability mainly affected BSC on-chain USDT assets.
3. Other Updates
- Visa data shows that nearly 17% of stablecoin-linked card transactions come from business and corporate clients, and institutional use cases for stablecoins continue to expand.
- Bitcoin’s overall gain in Q3 was close to 40%. At the same time, third-party security statistics indicate that hackers stole a total of about $1.26 billion in crypto assets this quarter, and security incidents continue to occur frequently.
1. Market Overview
- BTC (Bitcoin) has recently been trading sideways in the $84,000–$85,000 range; ETH (Ethereum) fluctuates around $2,700.
- The Fear & Greed Index is 74, in the greed zone. Over the past 24 hours, total global derivatives liquidations were about $171 million, with long-position liquidations slightly larger than short liquidations.
- Total crypto market capitalization is close to $3 trillion, with a modest intraday increase.
2. Industry Developments
- Fed officials have adopted a more hawkish tone, suggesting that further rate hikes may be needed. The news has created external pressure on the crypto market and is one of the major macro variables driving current sentiment.
- The Ethereum Foundation has launched the zkapi project, using zero-knowledge proof technology to enable an anonymous AI API for on-chain payments. It separates on-chain payments from user identity and focuses on privacy-related applications.
- Trump-related meme coin $TRUMP news: it announced it would invite the former 185 token holders to a private dinner in Washington in November. After the announcement, the token briefly surged by about 10%, then quickly fell back. This type of meme coin carries extremely high risk, and prices are highly susceptible to manipulation.
- A vulnerability incident on the NEAR network has already been resolved and the system restored. The vulnerability mainly affected BSC on-chain USDT assets.
3. Other Updates
- Visa data shows that nearly 17% of stablecoin-linked card transactions come from business and corporate clients, and institutional use cases for stablecoins continue to expand.
- Bitcoin’s overall gain in Q3 was close to 40%. At the same time, third-party security statistics indicate that hackers stole a total of about $1.26 billion in crypto assets this quarter, and security incidents continue to occur frequently.