CoinEx Daily：Bitcoin Temporarily Drops to $60,000; Iran Fires Missiles at Israel

Overview

Bitcoin temporarily dropped to $60,000; Iran launched missiles at Israel, causing both the crypto market and U.S. stock market to decline in response.

Daily Macro

Bitcoin Market :Bitcoin briefly fell to $60,000, and is now priced at $61,500. The overall crypto market saw a significant decline.

Bitcoin ETF  :On October 2, preliminary reports showed a net outflow of $243 million yesterday.

Ethereum ETF :On October 2, preliminary reports indicated a net outflow of $48.52 million yesterday.

Macroeconomic Data :Following Iran’s sudden large-scale missile strike on Israel, the crypto market and U.S. stocks experienced substantial declines due to panic-driven risk aversion. Meanwhile, oil prices and gold saw sharp short-term increases. The market is now focused on geopolitical tensions. Today, the U.S. is set to release September’s ADP employment figures, with the previous value at 99,000 and a forecast of 120,000.

Daily Focus

EigenLayer

Reason for Focus: EigenLayer, a popular restaking project, officially unlocked its native token EIGEN on October 1, with CoinEx listing the token simultaneously.

Related Token Performance (24 hours):

EIGEN: -1.3%

Market Outlook: During the initial release of EigenLayer, there was significant airdrop profit-taking pressure, and the valuation is quite high with a large amount still locked. Users should be cautious when investing.

Next Focus

CATS

Reasons for Focus: CATS is a popular points-collecting game on Telegram. Its channel ranks seventh in total subscribers on Telegram, and it will soon launch its token.

How to Participate: Users can participate in the game on its Telegram channel to earn points and obtain tokens, or closely follow CoinEx to engage in secondary market trading. However, investors should assess the risks before making any decisions.