$BTC fell below 83,000; this time it really isn’t the crypto market’s fault.
The spark was oil prices: Trump said he won’t negotiate with Iran anymore, and the Pentagon is preparing plans for a “large-scale bombing.” Brent crude surged to $104. When oil prices shot up like that, U.S. Treasury yields hit the highest level since 2002. Risk assets were all getting hammered—crypto just took the hardest beating.
What’s even more painful is the Fed. The overnight FOMC minutes showed that the September 25bp rate hike was approved unanimously by 19 people, and most of them even thought there should be another hike before year-end. High oil prices plus a hawkish Fed is a double hit for high-beta assets like $ETH $SOL .
There’s also entertainment. Samsung and Solana announced a partnership: 82 million U.S. Galaxy devices will directly issue USDC in users’ wallets—no app install, no need to remember seed phrases—going live at the end of October. While we’re in a bear market, they’re quietly laying the payment infrastructure—actually getting work done.
One more thing on safety: Justin Drake, a researcher at the Ethereum Foundation, said advances in AI plus math could potentially crack ECDSA signatures within a few months—faster than quantum computers. For large positions, he suggests moving in batches to new addresses that have never exposed public keys.
This selloff is macro forcing the bubble to deflate. Hold spot, and don’t use leverage.
NFA DYOR
#BTC #以太坊 #Solana #美联储 #Web3
The spark was oil prices: Trump said he won’t negotiate with Iran anymore, and the Pentagon is preparing plans for a “large-scale bombing.” Brent crude surged to $104. When oil prices shot up like that, U.S. Treasury yields hit the highest level since 2002. Risk assets were all getting hammered—crypto just took the hardest beating.
What’s even more painful is the Fed. The overnight FOMC minutes showed that the September 25bp rate hike was approved unanimously by 19 people, and most of them even thought there should be another hike before year-end. High oil prices plus a hawkish Fed is a double hit for high-beta assets like $ETH $SOL .
There’s also entertainment. Samsung and Solana announced a partnership: 82 million U.S. Galaxy devices will directly issue USDC in users’ wallets—no app install, no need to remember seed phrases—going live at the end of October. While we’re in a bear market, they’re quietly laying the payment infrastructure—actually getting work done.
One more thing on safety: Justin Drake, a researcher at the Ethereum Foundation, said advances in AI plus math could potentially crack ECDSA signatures within a few months—faster than quantum computers. For large positions, he suggests moving in batches to new addresses that have never exposed public keys.
This selloff is macro forcing the bubble to deflate. Hold spot, and don’t use leverage.
NFA DYOR
#BTC #以太坊 #Solana #美联储 #Web3