Cryptocurrency Industry Updates

1️⃣DeepSeek’s web and app services have been down for more than three hours, and the issue remains unresolved.
2️⃣Vitalik Buterin said the zkEVM speed race is over, and security should now become the top priority.
3️⃣South Korea’s KOSDAQ index plunged, triggering a circuit breaker that halted trading for 20 minutes.
4️⃣The 2026 Financial Street Forum Annual Conference will open on October 19. The central bank is expected to unveil a digital yuan system and a smart contract ecosystem service framework during the event.

🔥 Trending Updates

1️⃣Total crypto liquidations reached $485 million in the past hour, including $200 million in ETH liquidations.
2️⃣BTC fell below 81,000 USDT, down 2.88% over 24 hours.
3️⃣ETH fell below 2,400 USDT, down 4.45% over 24 hours.

🔍 Summary

As BTC and ETH plunged, volatility in the cryptocurrency market surged, triggering large-scale liquidations across the market.
$BTC