The total global cryptocurrency market capitalization is approximately $2.81 trillion, with a change of about +1.0% in the past 24 hours (slight variations across different data sources, overall range between $2.73–2.81 trillion). Bitcoin accounts for about 58.1%. The Fear and Greed Index is 55 (greed zone), slightly lower than the previous day.  Weekend trading volume is low, the market overall is fluctuating within a narrow range, lacking directional breakthroughs. Major coin prices (around 7 AM Beijing time) Data compiled from real-time sources including CoinGecko:  • Bitcoin (BTC): approximately $81,280, 24h +0.4% • Ethereum (ETH): approximately $2,391, 24h +0.8% • Solana (SOL): approximately $103.0, 24h +1.0% • BNB: approximately $716, 24h +0.7% • XRP: approximately $1.29, 24h +1.0% • Dogecoin (DOGE): approximately $0.079, 24h +1.6% Higher-ranked Zcash (ZEC) is about $1,122 (+1.2%), Hyperliquid (HYPE) about $78 (+2.4%), showing relatively strong performance but limited volatility. Overnight highlights After U.S. stock market close until Asian early trading hours (weekend), news flow was quiet, mainly continuing the midweek themes: • Macroeconomic and

U.S. stocks fell on Friday, mainly due to two events hitting at the same time. One was the repricing of debt for AI infrastructure, and the other was the rise in oil prices driven by the Middle East. The market is not trading on "how much longer tech can rise," but rather on whether borrowing money to build data centers can hold up under higher interest rates and increased energy costs. The Dow closed at 52,002 points, down 0.34%; the S&P dropped 1.09% to 7,659 points; the Nasdaq fell 2.15% to 26,140 points. The Nasdaq declined about 4.5% this week, marking its worst week in several months. The VIX jumped close to 20. The most direct news was about CoreWeave. This computing power company endorsed by Nvidia fell about 12% again on Friday, down more than 20% for the week. Its bond yields surged to around 15%, and the cost of credit default swap protection once exceeded 1,100 basis points, with the market starting to view it as a "default risk." The company itself has about $50 billion in debt, borrowing money to buy chips and build data centers. Nvidia expressed optimism on Thursday, causing a rebound in its stock price that day, but it couldn't hold on Friday. This news brought the financing issues of the entire AI infrastructure sector back to the forefront. Meanwhile, oil prices are rising. WTI crude oil rose to around $99, and Brent touched $109.86 intraday, the highest since May. Iran's activities in the Strait of Hormuz continue, and the Houthi attacks on Saudi Arabia also did not stop this week. The energy sector rose accordingly, but higher oil prices also leave inflationary pressure. Earlier this week, the CPI annual rate was 3.7%, with the core also running hot. On Friday, Wash in Man