The total global cryptocurrency market capitalization is approximately $2.26 trillion to $2.27 trillion, down about 5% to 8% in the past 24 hours (slight variations across different data sources, overall a clear pullback). Bitcoin accounts for about 56% to 59%. The Fear and Greed Index is at 13, in the "Extreme Fear" range, weakening further compared to the previous day. Market sentiment is cautious, with altcoins generally experiencing larger declines than Bitcoin.  Major coin prices (around 7 AM Beijing time, data from CoinGecko and others; for real-time fluctuations, please refer to exchanges) • Bitcoin (BTC): about $63,600, down about 6.9% to 7.2% in 24 hours • Ethereum (ETH): about $1,747, down about 9.6% in 24 hours • Solana (SOL): about $69.3, down about 12.2% in 24 hours • BNB: about $576, down about 9.0% in 24 hours • XRP: about $0.90, down about 11.5% in 24 hours • Dogecoin (DOGE): about $0.056, down about 13.3% in 24 hours Hyperliquid (HYPE) and Zcash (ZEC) also saw double-digit declines; the overall market shows a broad downturn with no clearly strong leading coins. Overnight highlights After the U.S. stock market closed and into the Asian morning session, the crypto market continued to decline. Bitcoin retreated to the range of about $63,000 to $65,000, touching several months' lows

At Friday's close, the market was not really trading the index itself, but rather whether the AI theme can still stand on its own without Jensen Huang at Nvidia. The S&P 500 fell 0.4% to 7561.67 points, the Nasdaq dropped 0.91% to 25136.27 points, the Dow Jones rose slightly by 0.1% to 52347.55 points, and the Russell 2000 declined 0.31%. There was clear divergence in daily performance, but the weekly charts all closed in the green: the S&P rose 2.51% for the week, the Nasdaq gained 2.27%, and the Dow increased 2.07%, ending a previous streak of four consecutive weekly declines and marking the best week since August. The drag came from semiconductors. The Philadelphia Semiconductor Index fell 3.4% in a single day, AMD dropped about 8.8%, Broadcom nearly 5%, and Nvidia declined about 2% again, marking its sixth consecutive week of losses—the longest losing streak since October 2012. Jensen Huang officially resigned on Thursday, with CFO Colette Kress appointed interim CEO. The leadership vacuum combined with prior personal matters directly hit the most crowded AI positions. The tech sector was the main drag that day, down about 1.7%. The index did not fall deeply because most individual stocks were actually rising. Consumer staples led with a 1.39% gain, energy also rose nearly 1%, while financials and healthcare remained relatively stable. The October PPI rose 6.5% year-over-year, hitting a nearly four-year high; the month-over-month increase of 0.3% was slightly below expectations, but the annual rate's stickiness kept the market's pricing for further Fed rate hikes unchanged, with the 10-year yield still near 5.15%. The money is not betting on "AI is over," but rather on the most