Beijing Police Investigate Yixin-Related Companies, Multiple Suspects Taken into Criminal Custody

WEEX Weekly Market Hotspot Preview focuses on the PUMP unlock, the start of financial earnings, CPI, ASML earnings, PPI, retail sales, TSMC earnings, and Fed Chair Warsh’s annual-meeting fireside chat. The main themes are inflation repricing, financial-earnings validation, AI chip demand confirmation, and crypto supply pressure.

Bitcoin traded near $83,700 and is testing the $84,000–$85,000 cost-cluster zone. In crypto, L2 scaling, ZK modularity, high-performance L1s, gaming and DePIN were relatively active as capital rotated from pure meme trades toward infrastructure narratives. In equities, NVIDIA’s market value is approaching $6 trillion, supported by AI infrastructure demand, while optical modules and fiber names were relatively resilient. Bond markets are closed on October 12 ET for the holiday, while equities trade as normal; the pause in yield pricing may amplify intraday volatility.