The Daily: Crypto market weighs Trump's reciprocal tariffs, bitcoin's 'digital gold' narrative under pressure and more

The current price of ETH is $3896.95, with a 0.75% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 24 hours was 106 million US dollars, with the main liquidation being multiple orders and ETH liquidation being 23.74 million US dollars (22.30%). The data is for reference only.

[Bitdeer Bitcoin Holdings Increase to 2,126.8 BTC] Bitdeer announced the latest data on Platform X, showing that as of October 17, its total Bitcoin holdings reached 2,126.8 BTC. Last week, mining output was 117.2 BTC, while 51.6 BTC were sold.

Bitget AAVE/USDT's perpetual trading volume surged fivefold within 10 minutes, with a turnover of 12.11 million US dollars in the past 24 hours, an increase of 4.51% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

Binance - PUMP is currently priced at $0.004074, with a 13.58% increase over 24 hours. 24-hour transaction volume of 700 million US dollars, a decrease of 6.43%, for reference only

[Ant Group and JD Suspend Hong Kong Stablecoin Issuance Plan] On October 19, according to reports from the 'Lianhe Zaobao,' Chinese tech companies Ant Group and JD have suspended their plans to issue stablecoins in Hong Kong. In May this year, Hong Kong passed the 'Hong Kong Stablecoin Ordinance Bill,' which officially came into effect on August 1. As of the end of September, 36 institutions had applied for stablecoin licenses. Previously, both Ant Group and JD had expressed their intention to participate in Hong Kong's stablecoin pilot project.