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KuCoin Daily Market Watch: BTC dips to $81K amid oil tanker attack and Fed hawkishness
KuCoin’s October 13 daily market watch notes that oil‑supply concerns rose after an oil‑tanker attack in the Strait of Hormuz, pushing oil prices to a near‑one‑month high. The Cleveland Fed president’s hawkish comments sparked expectations of another rate hike before year‑end, while the 10‑year Treasury yield stayed above 5 %. Bitcoin fell from roughly $84.2 K to about $81 K before rebounding, with $672 M of liquidations in the past 24 hours, $586 M in longs and $85.9 M in shorts. Weekly DEX volume for tokenized equities jumped 447 % since Robinhood Chain’s July launch, and stablecoin‑related acquisitions totalled over $3 B across three deals. South Korea plans new security‑token regulations for 2027, Morgan Stanley aims to support tokenized equities in Q1 2027, and HKEX listed a second Solana ETF on October 13. Additional updates include ASIC’s CFD framework for digital‑asset contracts and France’s rejection of a crypto exit‑tax amendment.