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Happy Spring Festival and Wishing You a Prosperous Year of the Horse!
1. Bitcoin Market: Bitcoin is weak and declining, with a low of 68,000, currently at 68,500. Ethereum has dropped 6%, now at $1,950.
2. Altcoin Market: Altcoins are following Bitcoin's correction. SOL down 3%, at $85; DOGE, after a big surge yesterday, drops today, at $0.1018, down 9%; PIPPIN fluctuates, at $0.696; SPACE plunges 30%; VVV surges 43%, at $4.45; RIVER down 15%, at $12.55; With the arrival of the Year of the Horse, Chinese meme "Mazi" performs well, "Crying Horse" and "Dark Horse" both surge, "I'm Riding a Horse" up 7%, at $0.0277.
3. Neighboring Markets: Gold dips slightly by 0.2%, at $5,038; Silver falls 2.26%, at $76.2.
4. New US-Iran Negotiations: Prime Minister states Iran must dismantle nuclear facilities.
5. Hong Kong is launching a perpetual contract framework and plans to announce a stablecoin license within a month to attract crypto companies.
6. Institutional and On-Chain Activity: Michael Saylor claims his strategy can withstand Bitcoin prices dropping to $8,000 and still have enough assets to fully cover his debts; the total on-chain holdings of the US spot Bitcoin ETF reach 1.5 million BTC; a whale bought 7,301 ETH in the past day, worth about $15.14 million; Bitdeer sold 179.9 BTC this week, dropping Bitcoin holdings below 1,000 BTC.