Short term decline in spot gold and silver prices

The Federal Reserve and the European Central Bank will release meeting minutes next week, as the sense of urgency to raise interest rates has weakened due to the impact of US non farm payroll data and fluctuations in the French financial market. The minutes of the Federal Reserve's September meeting are expected to reflect policymakers' concerns about inflation, but recent non farm payroll data and PCE revisions have shown that labor market and inflation pressures are lower than expected, and economists believe that the threshold for a rate hike in October is high. (Source: Golden Ten Data)

The SEC plans to propose new 1940 Act rules that allow investment advisors to hold Bitcoin and other digital assets directly when there is no qualified custodian willing to hold them. The SEC stated that traditional custodians typically refuse to custody such assets, and there are compliance gaps in the existing custody framework. The proposal will initiate a 60 day public opinion period after its publication in the Federal Register.

Polymarket predicts a market trading volume of $72.6 million for Bitcoin in 2026, with a reference price of approximately $84950. The probability of Bitcoin reaching $90000, $95000, and $100000 before 2027 is 73%, 54%, and 39%, respectively. Kalshi predicts a market trading volume of approximately $39.5 million for the year-end closing price of Bitcoin, with a forecasted value of $86240. Claude Opus 5.5 and ChatGPT-6 Astra's predictions for the Bitcoin price on December 31, 2026 are $91500 and $94000, respectively. (Source: Bitcoin.com News)

The number of holders of Tether's tokenized gold product XAUT on BNB Chain has increased by about 29 times in three months, reaching 79300 people.

OKX-BTC/USDT is currently trading at $84999.90, with a 5-minute increase of 0.02%. Please be aware of market fluctuations.