Cointime

Cointime

Download App
iOS & Android
Home / Point

BTC falls below $88,000

The market shows BTC falling below $88,000, now trading at $87,995.97, with a 24-hour decline of 3.64%. The market is fluctuating significantly, please manage your risks.

BTC
Comments

All Comments

Recommended for you

  • Spot Prices of Some Storage Chips Decline

    On August 18, according to 21st Century Business Herald, an unusual signal has emerged since the second quarter of this year—some spot distributors of storage chips are willing to lower prices for certain models of NAND storage chips. Third-party organizations in the flash memory market have pointed out that since July, there has been a continuous low-price sales phenomenon for multi-brand eMMC products, leading to a significant price inversion between spot and contract prices, with the spot price of 64GB eMMC already showing a downward trend. eMMC is the standard storage chip for consumer electronics such as set-top boxes, smart TVs, and entry-level smartphones. Against the backdrop of overall high prosperity in the storage industry, this price inversion in this category is particularly striking. This actually indicates that the current storage chip market is heading towards a polarized situation: some consumer markets are facing a scenario where downstream customers cannot bear the price increase of chips, especially evident in the entry-level spot market, where in recent months, distributors have been willing to exchange price for volume to obtain cash flow; meanwhile, the price increase trend in the cloud-side AI or enterprise-level storage market continues, influenced to some extent by the signing of long-term contracts.

  • U.S. Stock Market: Storage Sector Opens Lower, SK Hynix Drops 7.4%, SanDisk Falls 8%

    On August 18, the U.S. storage sector opened lower and continued to decline, expanding its losses after several days of gains. Micron Technology fell 6.33%, SK Hynix dropped 7.41%, SanDisk decreased by 8.05%, Western Digital declined 7.10%, Seagate Technology fell 7.58%, and Kioxia ADR dropped 10.63%.

  • Spot Silver Drops 2% Today, Currently Priced at $64.46 per Ounce

    Spot silver has decreased by 2% today, currently priced at $64.46 per ounce.

  • BTC Surpasses $65,000

    Market data shows that BTC has surpassed $65,000, currently priced at $65,005.31, with a 24-hour increase of 2.17%. The market is highly volatile, so please ensure proper risk management.

  • Zhejiang Humanoid Robot Innovation Center Releases 'Co-evolution Theory'

    The Zhejiang Humanoid Robot Innovation Center has released the practical path of the 'Co-evolution Theory', proposing a collaborative interaction among intelligent algorithms, hardware entities, and development toolchains to advance humanoid robots from demonstration scenarios to large-scale practical operations. Currently, Zhejiang Humanoid has established a complete collaborative product system: the SPIRE intelligent technology system achieves a 94% success rate for complex long-range tasks, with precision assembly accuracy reaching 0.03mm; the NAVIAI hardware matrix covers three product categories: biped humanoids, dual-arm operations, and wheeled arm circulation, with a domestic component localization rate of 91%; the EvoStack toolchain streamlines the entire process from development to operation and maintenance, supporting large-scale batch replication. Related products have been implemented in various fields including industry, services, education, and data collection, with the clothing sector securing the world's first bulk order of 2,000 units. Zhejiang Humanoid will showcase its full-scenario solutions at the 2026 World Robot Conference (2026 WRC).

  • AMD Shares Drop 5.53%, Intel Shares Fall 7.35%

    On August 18, the stock prices of the CPU duopoly widened their losses, with AMD shares dropping by 5.53% and Intel shares falling by 7.35%.

  • Meta Falls 3.7% Amid Lawsuit from 29 States, Facing Potential $1.4 Trillion Fine

    On August 18, Meta Platforms (META.US) fell 3.7%, closing at $547.72. The decline follows a joint lawsuit from multiple states in the U.S., alleging that Meta designed addictive products targeting teenagers. The case is set to be heard on the 18th in Oakland, California. Currently, 29 states have sued Meta, with most accusing the company of violating the Children's Online Privacy Protection Act by illegally collecting personal information from children without parental consent. According to reports, based on Meta's own calculations, if it loses this trial, it could face penalties of up to $1.4 trillion.

  • BTC falls below $67,000

    market shows BTC has fallen below $67,000, currently reporting at $66,987.51, with a 24-hour increase of 0.41%. The market is experiencing significant fluctuations, please be prepared for risk control.

  • BTC breaks through $67,000

    the market shows BTC has broken through $67,000 and is currently trading at $67,011.99, with a 24-hour decline of 0.26%. The market is volatile, so please be prepared to manage risks.

  • Crypto Options Traders Bet on Bitcoin to Reach Fresh Highs by End of November

    According to Bloomberg, options traders in the crypto market are increasingly betting on bitcoin reaching new highs by the end of November. The $75,000 strike price has the highest open interest for options expiring on November 8, indicating a significant area of focus for the market during that time. Despite the upcoming U.S. presidential election, some traders believe that bitcoin will surpass its previous highs in the coming weeks. The rise in stablecoin liquidity and bitcoin transactions in October may contribute to this bullish sentiment.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company