BTC's current market value proportion has risen to 56.65%

[Spot Gold Hits Record High of $4,250/oz] On the evening of October 16, spot gold prices surged to a record high of $4,250/oz, with an intraday increase of over 1%, before slightly retreating to $4,231/oz. Meanwhile, New York silver futures prices reached $53/oz, marking an intraday gain of 3.16%. The strong performance of the gold and silver markets reflects investors' continued demand for safe-haven assets.

[Main Password: Standard Chartered Bank will host cryptocurrency for European OKX institutional clients, with a main transaction of $200 million betting on this direction] The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

The bank initiated coverage of the stock with a market outperform rating and a $50 price target.

[Federal Reserve Governor Milan: Asset bubbles not a focus during rate cuts] Federal Reserve Governor Milan stated that asset price bubbles will not be a focus when pushing for rate cuts, emphasizing that the key financial conditions of the economy are unrelated to the market.

Regulation and new players are driving stablecoin momentum and paving the way for a new internet “money layer,” the broker said