Grayscale Bitcoin Mini Trust ETF

TradingKey - On October 29, following the Federal Reserve's October decision, Bitcoin (BTC) prices weakened once again. As of today's Asian trading session, Bitcoin broke below the $80,000 mark again, pulling back steadily from around $81,300 to an intraday low of approximately $79,700, with intraday losses briefly approaching 2%. Bitcoin had previously rebounded for two consecutive trading sessions but failed to effectively break above $82,000, leaving the $80,000 level as a key short-term battleground once again.

On September 18, Eastern Time, cryptocurrencies generally gained today, with Bitcoin (BTC) rising 6% to break through the $80,000 mark; Ethereum (ETH) gaining 5.62% to $2,587; and XRP rising 7% to $1.38. The market attributed the primary catalyst for this rally to a regulatory development: the U.S. Commodity Futures Trading Commission (CFTC) has submitted a new regulatory proposal targeting crypto asset trading and markets to the White House for review, moving to accelerate rulemaking under its existing authority after a digital asset bill failed to advance in the Senate this week.

On September 15 ET, voting on the CLARITY Act in the U.S. Senate concluded with 50 votes in favor and 50 against, falling short of the 60-vote procedural threshold required to initiate full floor debate.

TradingKey - On August 28, Eastern Time, AI cloud infrastructure provider IREN (IREN) fell more than 7% in pre-market trading at one point. As of press time, IREN shares were down 5.97% at $38.11. The company posted fourth-fiscal-quarter results after the close in the previous trading session that missed expectations, triggering a market sell-off.

TradingKey - The impact of Bessent’s intervention in the bond market faded, while Trump’s threat of sanctions against Iran pushed up oil prices and reignited inflation concerns. At the close, the Dow Jones Industrial Average fell 1.32% to 52,759.21; the Nasdaq Composite Index dropped 1.00% to 26,06

TradingKey - The U.S. Treasury Department announced market intervention measures, and the three major U.S. stock indices reversed their three-day losing streak to close higher across the board.