Bitcoin stems heavy losses but pessimism reigns in crypto markets
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Bitcoin stems heavy losses but pessimism reigns in crypto markets
25 Sept 05:32Key points summarised by AI
Bitcoin stabilized after plunging to an 18-month low, yet remains significantly down this year, reflecting widespread market volatility.
Major crypto lender Celsius Network froze withdrawals and transfers, citing "extreme" market conditions, intensifying panic and fears of contagion across the crypto ecosystem.
The overall crypto market value dropped below $1 trillion for the first time since January 2021, driven by Celsius's liquidity crisis and expectations of sharp U.S. interest rate hikes.
Pessimism dominates as investors dump risky assets amidst high inflation and previous crypto collapses, with concerns over potential wider consequences for major bitcoin holders like MicroStrategy.
Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.