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1Bitget Daily Digest(October 23)|Hong Kong approves Asia's first Solana spot ETF; Crypto market plunges with BTC dropping to as low as $106,700; Kadena core team announces dissolution2Three major exchanges in the Asia-Pacific region resist "crypto treasury companies"3LINK Price Gains 7.6% Amid Renewed Market Activity and Strong Support at $17.02
Flash
- 07:04Ba Shusong: The rise in Bitcoin and gold prices is closely related to the process of de-dollarization.Jinse Finance reported that Ba Shusong, Managing Director and Chief China Economist of the Hong Kong Stock Exchange, stated at the 2025 Hong Kong Stock Exchange China Opportunity Forum that the rise in gold and bitcoin prices reflects deep concerns over the declining purchasing power of fiat currencies and is closely related to the process of de-dollarization. The proportion of the US dollar in global reserves has dropped from 60% in 2000 to 41% in 2025. Currently, the total global market value of gold has exceeded 27 trillion US dollars, making it the world's second-largest reserve asset.
- 06:23US September CPI annual rate may approach 3%, Federal Reserve concerned about direction of inflation changesChainCatcher news, according to Golden Ten Data, Dean Baker, Chief Economist at the UK research institution CEPR, stated that the US September CPI data may show a growth rate similar to that of August, with both overall and core CPI annual rates expected to be close to 3%, which is higher than the Federal Reserve's 2% target. The direction of inflation changes may cause concern for the Federal Reserve, especially as the impact of tariffs has not yet been fully passed on to consumers.
- 06:22Polymarket adds support for BNB deposits and withdrawalsForesight News reported that the prediction market Polymarket announced on Twitter that it has added support for BNB deposits and withdrawals.