BTC breaks through the $116000 mark

Bitget SPX/USDT's perpetual trading volume surged 14 times within 10 minutes, with a turnover of 5.71 million US dollars in the past 24 hours, an increase of 3.51% 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

[Philippine Central Bank Officials Suggest Selling Part of Gold Reserves to Lock in Gains] Philippine central bank officials stated that now is an appropriate time to take profits on gold. Officials suggested the central bank sell part of the 'excessive' gold reserves, citing that the weakening demand for safe-haven assets could lead to a further decline in gold prices from the current record highs.

[BTC OG Whale Cashes Out $171 Million in Profits, 100% Win Rate Whale Adds BTC and ETH Long Positions] [On-chain AI analysis tool CoinBob monitoring shows that the BTC OG whale-related address has recently transferred funds to a Binance wallet following market fluctuations, suspected to have completed profit withdrawals, with total profits exceeding $171 million. Additionally, the 100% win rate whale address 0xc2a has increased its BTC and ETH long positions in the past 30 minutes, bringing its position size to $360 million. Since its activation on October 12, this address has opened positions 7 times with a 100% win rate, realizing $12.84 million in profits. It currently holds approximately $16.5 million in unrealized gains.]

According to the heat ranking, ZEC's popularity has increased by 440000 followers compared to yesterday, ranking first. The heat ranking is as follows: ① ZEC （$354.93，12.11%） ② COAI （$6.01，-3.38%） ③ Binance Life ($0.2879, -2.07%) ④ ETH （$4159.38，3.83%） ⑤ GIGGLE （$187.76，-16.71%） The purchasing power of ZEC's main funds is average, with a net inflow of $48.587 million within 24 hours and a transaction volume of $4.626 billion within 24 hours, of which the net inflow of the main funds is $29.261 million.

[The People's Bank of China to Resume Open Market Operations for Government Bond Trading] At the 2025 Financial Street Forum Annual Conference, Pan Gongsheng, Governor of the People's Bank of China, announced that the People's Bank of China will resume open market operations for government bond trading. Last year, in accordance with the deployment of the Central Financial Work Conference, the People's Bank initiated secondary market government bond trading operations to enrich monetary policy tools, enhance the financial functions of government bonds, optimize the pricing benchmark of the government bond yield curve, and promote coordination between monetary policy and fiscal policy. At the beginning of the year, due to supply-demand imbalances and risk accumulation in the bond market, the related operations were temporarily suspended. Pan Gongsheng stated that the bond market is currently operating well, and the People's Bank will flexibly conduct two-way operations based on the demand for base money issuance, combined with market supply and demand as well as changes in the yield curve, to ensure smooth monetary policy transmission and financial market stability.