Bitcoin fell below the $77,000 mark, hitting a low of approximately $76,720. Analysts believe the market decline was primarily driven by multiple macroeconomic factors, including escalating tensions between the US and Iran, rising inflation concerns, and increased risk aversion towards risk assets. Former US President Trump's strong warnings about Iran on social media exacerbated geopolitical uncertainty. Meanwhile, rising oil prices further fueled inflation expectations, with Brent crude rising to around $111 and WTI crude exceeding $107, raising concerns that the Federal Reserve might maintain high interest rates for an extended period. Current selling pressure is also compounded by rising US Treasury yields, a stronger dollar, and ETF outflows. Data shows that Bitcoin ETFs experienced net outflows of approximately $1 billion in the week ending May 17, ending six consecutive weeks of net inflows. Regarding market sentiment, the Bitcoin Fear & Greed Index fell back to 27, returning to the "fear zone." Analysts believe that short-term price movements will remain highly dependent on macroeconomic data and policy expectations, but some institutions believe the current correction is more of a "healthy digestion," and the long-term structure remains unchanged. (The Block)

MyToken data monitoring shows that on 【May 18th, 11:30】 (Beijing Time), an address starting with 【0xc0ff】 transferred 【100088798.96 USDC】 to an address starting with 【0xa0b8】, with a total value of approximately 【100.12 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

According to Odaily Planet Daily, JPMorgan Chase has lowered its 2026 average gold price forecast by $5,243 per ounce from $5,708 per ounce, citing a renewed acceleration in demand in the second half of 2026. The base case scenario still projects gold prices to reach $6,000 per ounce by the end of the year. (Golden Ten)

Samsung Electronics shares rose after the company resumed high-stakes wage negotiations with its largest union. Samsung shares surged as much as 6.7% in Seoul trading on Monday, reversing earlier losses. Successful negotiations aimed at averting a strike would prevent disruption to the operations of the world's largest memory chip manufacturer. Efforts by South Korean political and business leaders to de-escalate tensions have temporarily eased concerns about a major blow to the country's critical semiconductor industry. Furthermore, according to Yonhap News Agency, a South Korean court on Monday partially granted an injunction against potential illegal actions by the union, further reducing market anxieties. (Jinshi)

According to market sources, negotiations between Samsung Electronics and the labor union for government mediation will continue until tomorrow.