image source head

5 Must Reads in the Evening | What caused this crypto market to plummet?

trendx logo

Reprinted from jinse

02/25/2025·2M

1. What happened in the market when Bitcoin fell below $87,000 at one

point?

On February 25, 2025, Bitcoin fell below $87,000, falling to its lowest level since mid-November last year. What happened to the crypto market? Click to read

2. What is the second open source king thrown by DeepSeek?

On February 25, DeepSeek, which opens the welfare, made a king--the world's first full-stack communication library for MoE models, DeepEP. Because it directly solved the anxiety of AI computing power, GitHub instantly soared 1,500 stars (referring to the collection volume), which shows the importance of the group frying in the circle. Click to read

3.VC's dilemma: liquidity change and trust mechanism reshaping

The biggest feeling of going to Consensus HK this time is that VC is too difficult. It is not an exaggeration to say that there are sorrows everywhere, which is in a strong contrast with Marshals P. Some VCs cannot raise the next round of funds, some VCs are half gone, some VCs switch to strategic investors and no longer invest independently, and some VCs even consider issuing Meme to raise funds... Click to read

4. Zhao Changpeng’s 8000-word long article: How to ensure the security of

your crypto assets?

Binance founder Zhao Changpeng (CZ) posted on social platform X yesterday evening (24th) to update an article about cryptocurrency security suggestions to help users avoid hackers. This article compiles the full text of CZ. tidy. Click to read

5. What caused this crypto market to plummet? What do industry insiders

say?

Following a sharp drop last week, major U.S. stock indexes failed to try to rebound Monday afternoon , with the Nasdaq closing down 1.2% and the S&P 500 falling 0.5%.

On February 21 local time, Trump signed a memorandum of the "American Priority Investment Policy". In terms of U.S. foreign investment, the memorandum attempts to strengthen the review of U.S. investment in China. Affected by this, Chinese stocks listed in the United States fell sharply. The decline of the Nasdaq China Golden Dragon Index expanded to 5.24%, while the leading technology index of Wande China Technology fell by more than 6%. Popular Chinese stocks fell sharply across the board. Alibaba and Bilibili fell by more than 9%, while JD.com and Tencent Holdings fell by more than 7%. Click to read

more