BTC falls below 85,000 USDT, down 1.48% in 24H

Odaily News: A senior Iranian official stated that Tehran is reviewing the U.S. response to our proposal to end hostilities. During indirect talks with the United States on Tuesday, the two sides discussed the reopening of the Strait of Hormuz and the lifting of the U.S. blockade. Iran's key priorities are a permanent end to hostilities and the lifting of the U.S. naval blockade. Many differences remain between Iran and the United States, but diplomacy continues. (Reuters)

Odaily News: Tesla CEO Elon Musk stated that he is optimistic about "biological enhancement" over the next decade, and that Neuralink, the company he co-founded, is attempting to break through the bottleneck of human information transmission bandwidth.Musk noted that even if AI is sufficiently friendly and willing to serve humanity, the speed of information transfer between humans and machines remains too slow. The peak human bandwidth is only about 100 bits per second; our output speed is extremely low. Computers, meanwhile, communicate with each other at trillions of bits per second. Any technology that can increase the speed of human communication will improve alignment between humans and machines. Otherwise, for an AI communicating at trillions of bits per second, talking to a human would be like a human talking to a tree. (CCTV Finance)

Odaily reports that veteran trader Peter Brandt stated that his long-term ETH chart shows that if ETH breaks above $5,000, the price could eventually rise to $8,600. The higher target marked on the chart is $8,674.50.Brandt emphasized that publishing a chart or making a price judgment is not the same as an actual trade, and those claiming to have completed a trade need to provide proof of the trade. His commodity trading career began in 1976, and he founded Factor Trading Co. in 1980. (Bitcoin News)

Odaily reports, according to OKX market data, BTC has fallen below 84000 USDT, now trading at 83978.9 USDT, with a 24H decline of 2.27%.

Odaily: US cryptocurrency exchange Coinbase has had its membership terminated by UK Finance, the UK financial services lobbying group. Sources familiar with the matter said the UK Finance board wrote to Coinbase last week to notify it of the termination. The report noted that the move comes as the digital asset industry's influence in UK policy discussions is growing. (Bloomberg)

Odaily reports, according to Coinglass data, total liquidations across the network amounted to $230 million in the past hour, of which long liquidations were $223 million and short liquidations were $7.35 million. In addition, ETH liquidations reached $59.91 million, and BTC liquidations reached $60.88 million.