The global crypto market cap is $2.45T, a 7.25% increase over the last day, according to CoinMarketCap data.Bitcoin (BTC) traded between $68,615 and $75,407 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $73,765, up by 7.17%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include UNI, NEIRO, and SLF, up by 29%, 29%, and 25%, respectively.Top stories of the day:Binance Tops Fortune’s 2024 Asia Fintech Innovators List in Blockchain and Cryptocurrency BNB Chain to Host Fifth BNB Incubation Alliance in BangkokBitcoin Shorts Liquidated as Price Hits $75K, Driven by Spot Demand Amid Trump WinBlackRock's Bitcoin ETF Sees Sixth Ever Outflow on US Election Day as Bitcoin Hits New HighDonald Trump Wins 2024 Presidential Election, Defying the Odds with Historic ComebackNvidia Reclaims Top Market Value Position Amid Stock Surge ProShares Bitcoin Strategy ETF and iShares Bitcoin Trust Surge Over 6% Pre-Market as Bitcoin Interest Rises Traders Adjust Federal Reserve Rate Cut Expectations Amid U.S. Election Results U.S. Dollar Index Rises Following Economic Data Release SOL/ETH Exchange Rate Reaches New All-Time HighMarket movers:ETH: $2622.2 (+7.55%)SOL: $184.13 (+13.49%)BNB: $581.26 (+3.75%)XRP: $0.534 (+4.44%)DOGE: $0.19826 (+18.28%)TRX: $0.1625 (+0.12%)ADA: $0.358 (+7.83%)TON: $4.743 (+4.06%)SHIB: $0.00001882 (+6.63%)WBTC: $73721.43 (+7.27%)Top gainers on Binance:UNI/USDT (+29%)NEIRO/USDT (+29%)SLF/USDT (+25%)

According to BlockBeats, the release of the U.S. September CPI and PPI data last week sent mixed signals to the market on October 14. Overall, the data indicated that inflationary pressures persist. The Federal Reserve is almost certain to cut interest rates by 25 basis points next month.Last Friday's unexpected flat PPI data led to a collective rise in the three major U.S. stock indices. The Dow Jones and S&P 500 both hit intraday record highs. Over the past week, the Dow Jones increased by 1.21%, the S&P 500 rose by 1.11%, and the Nasdaq gained 1.13%, marking the fifth consecutive week of gains for all three indices. The cryptocurrency market followed the U.S. stock market's upward trend, with Bitcoin climbing above $62,000, reporting $62,659 at the time of writing, narrowing its weekly decline to 1.82%. Ethereum was reported at $2,455, with a weekly decline narrowing to 1.47%.In the foreign exchange and commodities markets, the U.S. dollar index continued to rebound last week, rising by 0.4%, which led to a decline in most non-U.S. currencies. The intensifying tensions in the Middle East caused international oil prices to rise for the second consecutive week, with U.S. crude oil increasing by 1.6% and Brent crude oil rising by 1.3% over the week. The fluctuating U.S. dollar also pushed spot gold closer to its historical high, with COMEX gold futures reporting $2,674.2 per ounce, a slight weekly increase of 0.04%.This week, U.S. economic data is relatively calm, and corporate earnings reports may become a bigger focus as the new earnings season begins, potentially testing the U.S. stock market. The recent news considered the most dangerous for the cryptocurrency market is the potential sale of 69,000 Bitcoins (approximately $4.2 billion) by the U.S. government. Additionally, with only a few weeks left until the U.S. presidential election, the tight race adds further uncertainty to the market.

It's time to go shopping....
Here are some cryptocurrencies that are currently considered oversold and may provide buying opportunities:
1. Ripple ($XRP ):
Known for its usefulness in cross-border transactions with low fees and fast settlement times. XRP has seen significant price fluctuations but has the potential to grow with increased liquidity and interest.

According to Odaily, if Bitcoin's price falls to around $55,000, it is anticipated that mainstream CEX contracts will face a liquidation of approximately $620 million. This prediction is based on the current holding situation of mainstream CEX contracts, as per data from Coingalss.

The potential liquidation of such a significant amount could have substantial implications for the cryptocurrency market. However, it's important to note that these figures are based on current conditions and could change depending on various factors, including market volatility and investor behavior.

This information serves as a reminder of the inherent risks associated with cryptocurrency investments, particularly in a volatile market. Investors are advised to stay informed and make decisions based on careful consideration of market trends and their individual financial situations.

According to Odaily, a three-year-old boy was kidnapped in a shopping mall in Tseung Kwan O Plaza, Hong Kong, and later ransomed for 660,000 USDT. The Organized Crime and Triad Bureau (OCTB) took over the investigation. A large number of detectives were deployed on the night of July 3rd to search for the kidnappers in the shopping mall and nearby shops.

The police received a report at around 4:30 pm, stating that a three-year-old boy was forcibly taken away in the Tseung Kwan O area. The boy was successfully rescued in the Tseung Kwan O area at approximately 5:25 am the following day, and two individuals were arrested in connection with the incident.