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2026-10-13 · 8 high-impact headlines

BTC$81,726.26Bitcoin−2.56%ETH$2,433.27Ethereum−4.35%USDT$0.9993Tether+0.10%BNB$729.81Binance Coin−3.11%XRP$1.33XRP−5.38%USDC$1.00USD Coin+0.01%

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57

Greed

Headlines

Flash

  1. Tom Lee: Sharp Decline in South Korean Stock Market May Spill Over into Crypto Market, Bringing Short-Term PainBlockBeats news, October 13: Tom Lee, Chairman of Ethereum treasury company BitMine, said that the sharp decline in the South Korean stock market may be transmitting to the crypto market. He mentioned forced margin liquidations on the brokerage side and noted that South Korean investors are a significant holder group of crypto assets. He described this impact as "short-term pain."
  2. Jiang Zhuoer: Bitcoin May Fall Below $80,000, Expected Support at $77,000 Unlikely to BreakBlockBeats news, October 13: Jiang Zhuoer, founder of LTC.top, stated in a post that he currently believes Bitcoin will most likely fail to hold $80,000, but will most likely not break below $77,000. $77,000 is both the Point of Control (POC) of the volume profile from the previous consolidation range and the POC since the rally that began on August 19, i.e., the price level with the highest volume in the corresponding range. He also believes the market will most likely not drop below $75,000, giving everyone a comfortable entry point.
  3. South Korean stock index plunges 5%, SK Hynix extends intraday decline to 7%.BlockBeats news, October 13: According to Bitget data, South Korean stock indices plunged 5%, SK Hynix's intraday decline widened to 7%, and Samsung Electronics fell 5.89%. Samsung Electronics and SK Hynix shares extended their recent sell-off, with market concerns intensifying over Chinese competitors and the overextended rally in AI stocks. On October 13, both companies' shares fell more than 5%, set for a fifth consecutive trading day of declines, dragging the Kospi down 5%. U.S. chip stocks also fell overnight, with memory chip maker Micron Technology dropping 3.9%. On the news front, China's ChangXin Memory Technologies (CXMT) has made progress on a new type of memory architecture, which Samsung Electronics and SK Hynix are also developing. In addition, Broadcom's CEO's remarks that AI stock investment has gambling-like characteristics further exacerbated market concerns. Ha SeokKeun, Chief Investment Officer at Eugene Asset Management, said: "The market is uncertain whether this upcycle can last until 2028 and beyond, which seems to be weighing on the valuations and stock prices of South Korean chipmakers."
  4. South Korean stock index plunges, exchange activates sidecar mechanism for KOSPI index.BlockBeats news, October 13, according to Bitget data, South Korean stock indices plummeted, and the exchange activated the sidecar mechanism for the KOSPI index.
  5. 'Machi' Ethereum long position is only about $36 away from liquidation, with account net asset value down to just $288,000.BlockBeats news, October 13, according to TradingBeats monitoring, as Ethereum fell below $2,500, "Machi Big Brother" Huang Licheng's Ethereum long position continued to be liquidated, with the position reduced to $8.5 million. The remaining position has an entry price of $2,545.84 and a liquidation price of $2,392.90. ETH is currently trading at approximately $2,428.51, only about $36 away from forced liquidation. The "Machi Big Brother" account's net asset value is currently $288,000, all used as margin for ETH long positions, with losses exceeding $11.9 million over the past week.
  6. Musk has donated over $276 million to Republicans since July, becoming the largest donor in the history of U.S. midterm elections.BlockBeats news, October 13, The New York Times reported that since early July, Musk has quietly poured more than $276 million into Republican groups and their super PACs, launching a massive mobilization campaign to help the Republican Party counter unfavorable conditions in the midterm elections. This massive sum has made Musk the largest donor in the history of U.S. midterm elections. To preserve the Republican Party's Senate majority, Musk donated a total of $158 million to the "Senate Leadership Fund" this summer, one of the largest political donations in U.S. history. Musk also established a major Republican voter mobilization operation through his super PAC "America PAC," founded in 2024. He donated more than $76 million to the organization this summer to build a vast canvassing program aimed at mobilizing hard-to-reach Republican voters. In the 2025-26 election cycle, Musk has donated approximately $366 million to federal committees, far exceeding his approximately $290 million investment in the 2024 election. According to people familiar with the matter, he also provided more undisclosed donations in both elections.
  7. Bitcoin pulls back, altcoins see sharp declines, BOME plunges over 30%, ENA and NEAR both drop more than 13%.BlockBeats news, October 13, according to HTX market data, as Bitcoin fell back below $82,000, altcoins saw significant declines, including: BOME dropped 30.04% in 24 hours, currently at $0.000768; BLUR dropped 29.48% in 24 hours, currently at $0.01349; STRK dropped 28.35% in 24 hours, currently at $0.08599; CKB dropped 22.50% in 24 hours, currently at $0.0014796; PONS dropped 20.35% in 24 hours, currently at $0.281; USELESS dropped 16.82% in 24 hours, currently at $0.16969; ENA dropped 15.55% in 24 hours, currently at $0.204; NEAR dropped 13.44% in 24 hours, currently at $5.039.
  8. In the past 24 hours, $672 million was liquidated across the entire network, with over 140,000 people liquidated.BlockBeats news, October 13th, according to Coinglass data, the total liquidation across the network in the past 24 hours was $672 million, of which long positions liquidated $586 million and short positions liquidated $85.92 million. In the last 24 hours, 144,020 people were liquidated, with the largest single liquidation order occurring on Binance - BTCUSDT, valued at $9.6524 million.