Bloomberg strategist Mike Magellan warns that if the US stock market falls by 20%, the price of Bitcoin may drop towards $10000. (Source: Bloomberg)

[Stablecoin Cross-Border Remittance Costs 84% Lower Than Traditional Transfers] Data from Borderless.xyz shows that stablecoin cross-border remittance costs are 84% lower than traditional transfers, and settlement speeds are faster than traditional international bank wire transfers. (Source: Cointelegraph)

The price of Bitcoin has fallen below $81000, and a total of $60 million in long leveraged positions have been liquidated in the past 12 hours. （Bitcoin Archive）

The US stock market continues to decline, with the Nasdaq Composite Index falling by 2%, the S&P 500 Index falling by 1.1%, the Dow Jones Industrial Average falling by 0.53%, popular technology stocks falling generally, and SK Hynix falling by over 5%, AMD、 Micron Technology fell over 4%, while Broadcom and Meta fell over 3%.

OKX-ETH/USDT is currently trading at $2400.31, with a 5-minute decline of 0.65%. Please pay attention to market fluctuations.