ETH falls below the $4000 mark

[Binance Platform USDT Over-the-Counter Price Rises to 7.45 Yuan] On October 11, influenced by recent market fluctuations, the Binance platform's USDT over-the-counter price rose to 7.45 yuan, with a selling price of 7.21 yuan. Currently, the USD to RMB exchange rate is 1:7.11.

[Coinbase Warns Some Users of Potential Transaction Delays] Coinbase stated that some users may experience delays or performance issues during transactions, and the situation is currently under investigation.

[Crypto Market Experiences Short-Term Plunge, ETH Hits 3373 USDT] The crypto market saw a short-term plunge, with most altcoins dropping over 50%. OKX data shows ETH price hit 3373 USDT, SOL fell below 150 USDT, DOGE dropped below 0.1 USDT, and BNB fell below 900 USDT.

BTC has risen, with a trading volume of $122.7 billion in the past 24 hours and a circulating market value of $2.16 trillion, representing a 4.33% increase in market value. Data for reference only

[Black Swan Event Hits Crypto Market, Majority of Altcoins Drop Over 80%] According to HTX data, a black swan event occurred in the cryptocurrency market on October 11, with the prices of most altcoins dropping by more than 80%.