CryptoQuant analyst Darkfost stated that BTC short-term holders have been experiencing losses for approximately nine consecutive months, with a cost base of approximately $68800 for short-term holders. At present, Bitcoin is trying to hold above $65000, and this group is experiencing a loss of about 4%. $68800 is the key level that Bitcoin should be able to recover from.

The Financial Services Commission (FSC) of South Korea will submit the second phase legislation of the Digital Asset Basic Law, which plans to include digital asset custody in independent business regulation and provide access mechanisms for traditional financial institutions to apply for virtual asset service provider (VASP) licenses, following the EU model. The Financial Supervisory Commission of Korea (FSC) takes a cautious attitude towards forcing exchanges to divest their custody business and tends to prevent conflicts of interest through improved behavior regulation.

The Iranian Revolutionary Guard attacked a US base in Jordan, destroying a radar of the US THAAD missile defense system, hitting and destroying a Patriot system and a C-RAM radar, and igniting the fuel depot at the base.

According to Bloomberg data, the EPS Guidance Momentum Score for companies in the S&P 500 index has risen to its highest level in history, with the proportion of companies raising their profit expectations setting the largest positive deviation on record.

According to Digital Asset, a South Korean court will make its first first instance judgment on the Bithumb case of mistakenly sending Bitcoin on August 27th. The involved user was accused of selling BTC received in error and holding approximately 194 million Korean won in cash. Bithumb has filed lawsuits against four users for unjust enrichment, with a maximum amount of approximately 500 million Korean won. In February of this year, Bithumb mistakenly recorded Korean won points as Bitcoin during the distribution of event rewards, and subsequently launched a recovery program, claiming that as of March 10th, 99% of the 1788 BTC that had not been recovered had been recovered.