Turbulent October, Bitcoin fell to 107K, Ether became the main settlement currency.

U.S. Treasury Secretary Bessent ( Scott Bessent ) confirmed that the White House is considering restricting U.S. software exports to China, putting continuous pressure on the U.S. stock market. The crypto market is experiencing a widespread fall, and the anticipated Uptober does not seem to be arriving as normally as in previous years. Bitcoin ( BTC ) has fallen to 107K, while Ether ( ETH ) has become the main coin liquidated yesterday. The digital asset financial company ( DAT ) has also seen a comprehensive collapse.

Trump considers restricting U.S. software exports to China, putting continued pressure on U.S. stocks.

The Trump administration has stated that it is considering restrictions on software exports to China, exacerbating market tensions. At the same time, the United States announced sanctions against Russia's largest oil companies, with the U.S. Treasury Department blacklisting state-owned oil giant (Rosneft PJSC) and Lukoil PJSC (. This move aims to pressure Russian President Putin to negotiate an end to the war in Ukraine, leading to a rise in oil prices.

Affected by the latest financial reports from semiconductor company Texas Instruments ) and streaming media platform Netflix, technology stocks are generally under pressure.

Retail momentum traders' favored assets have once again been severely impacted, including precious metals, cryptocurrencies, and companies in the artificial intelligence sector.

The crypto market is falling across the board, where is the promised Uptober?

The crypto market fell by 1.67% in the past 24 hours, with a market cap retreating to $3.62 trillion. Although the Bitcoin spot ETF reversed nearly a week of weakness, with net inflows reaching $477 million on 10/21, it still failed to successfully lift coin prices. Bitcoin's market share reached 59.3%, while ETH and other altcoins saw steeper declines, with the altcoin quarterly index dropping to 26, close to its annual low. The Fear and Greed Index continues to linger in the fear zone at 29.

In the past 24 hours, positions worth $531 million have been liquidated. The bulk of it was in Ether (ETH). The Ethereum spot ETF also saw a reversal with a net inflow of $142 million on 10/21, but amidst the tense atmosphere of the crypto market, the glorious October Uptober does not seem to arrive as normally as in previous years.

DAT全面崩跌

Digital asset financial company (DAT) experienced a complete fall yesterday.

MicroStrategy (MSTR): fall 6.99%

Metaplanet (3350.T): fall 0.94%

BitMine (BMNR): fall 7.37%

SharpLink (SBET): fall 6.28%

Forward Industries (FORD): fall 2.09%

Upexi (UPXI): fall 6.68%

DeFi Development (DFDV): fall 4.98%

Recently, cryptocurrency reserve companies have faced strict regulations from exchanges and intensified internal competition, leading to pressure on stock prices. Many digital asset financial companies (DAT) are facing the predicament of mNAV discounts. Chain News has compiled various creative stock rescue actions from different DAT companies to bring a smile amidst the grim market, and also reminds readers to ensure proper risk management during market fluctuations.

(DAT Survival Techniques Revealed, the encryption meme stocks are full of creativity, can they successfully rescue the stock price? )

This article discusses the turbulent October, where Bitcoin fell to 107K, and Ether became the main settlement currency, first appearing on Chain News ABMedia.