Exchange #12: Correlation collapses across the board, bitcoin faces the $60,000 test

According to Bijie Network: Bijie Network reports that as market risk aversion intensifies, funds are withdrawing from high-risk assets, and Bitcoin once fell below $60,000. Meanwhile, Circle's USDC monthly processing volume reached a new high of $8.4 trillions, but the company's valuation has dropped by 80% from its peak. On the other hand, the prediction market is bucking the trend and strengthening, with Jupiter integrating Polymarket and Hyperliquid launching a fully collateralized outcome trading proposal. The related token HYPE has risen by about 19% this week.