Cryptocurrency ETFs across the board are declining. As of the time of publication, Huaxia Ethereum (03046) fell by 6.36%, to 5.965 Hong Kong dollars; Bosh Ethereum (03009) fell by 6.32%, to 19.13 Hong Kong dollars.
According to the Zhitong Finance APP, cryptocurrency ETFs are all falling. As of the time of publication, Huaxia Ethereum (03046) fell by 6.36%, to 5.965 Hong Kong dollars; Bosh Ethereum (03009) fell by 6.32%, to 19.13 Hong Kong dollars; Jiashi Ethereum (03179) fell by 6.24%, to 6.01 Hong Kong dollars; Huaxia Bitcoin (03042) fell by 5.13%, to 7.58 Hong Kong dollars.
On the news front, the cryptocurrency market has sharply declined. Bitcoin once fell to around $60,000, while Ethereum dropped over 6%. Some analysts suggest that the sharp drop in risky assets such as cryptocurrencies is related to the tense international situation. The current situation in the Middle East is rapidly escalating. According to reports, Israeli officials revealed that the country plans to launch 'major retaliation' against Iran's Tuesday (October 1st) attack in the coming days.
