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Gate Research: Macro Headwinds Stall BTC’s Upside Move， Hunter Biden’s Meme Coin Plunges After Launch

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VIP Daily Industry Report

2026-09-10 03:23:17

Reading Time: 4m

Last Updated 2026-09-10 03:25:48

Gate Research VIP Daily Report: Amid rising U.S. Treasury yields, higher oil prices, and three consecutive days of declines in major U.S. equity indexes, BTC broke above 79,500 USDT twice but failed to establish a foothold above 80,000 USDT before retreating, while ETH and GT also gave back earlier gains. The total crypto market capitalization stood at approximately $2.76 trillion, down 0.9% over the past 24 hours, with trading volume reaching around $94.86 billion. IOST, VTHO, and OXT rose 95.78%, 61.88%, and 57.55%, respectively, with IOST supported by a 70 million-token burn and OXT driven by the privacy narrative and expanding trading volume. Hunter Biden’s Base-based LAPTOP meme coin briefly surged after launch before plunging more than 99%, highlighting price-discovery and token-distribution risks in low-liquidity markets; Forward Industries and allied shareholders urged SkyAI investors to oppose director re-elections and an equity incentive plan; crypto industry groups also sought an injunction against Illinois’ proposed 0.2% crypto transaction tax, scheduled to take effect in 2027.

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