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Futures
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NEW
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Alpha Points
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Pledge one crypto to borrow another
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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Stake BTC and earn 10% APR
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Bitcoin Dips Below $87K Amid BOJ Rate Hike Speculation
Market sentiment took a hit this week as fears over a potential Bank of Japan rate hike pressured Bitcoin below the $87,000 level. The Fear & Greed Index dropped sharply to 24, reflecting heightened market anxiety.
The AI sector bore the brunt of the selloff, retreating 6.6% and wiping out roughly $1.4 billion in value. Despite the pullback, trading volume actually picked up—suggesting traders remained active despite the bearish tone.
On the positive side, TAO token completed its halving event while fresh compute and agent-related updates rolled out, bringing some optimism to the AI crypto space. These developments hint at ongoing innovation even as near-term price action remains choppy.