Bitcoin Slides Below $86K Amid Sudden Sell-Off — $CYS Mainnet Goes Live

[Victornomics]

Bitcoin dropped below $86,000 this week in a sudden 3% sell-off, wiping out over $200 million in long positions within 30 minutes, and almost $400 million in a few hours. No major news triggered it, the timing lined up with the U.S. stock market open, and big outflows from Binance and Coinbase suggest traders were just unwinding positions. Ethereum and Solana also fell 2–3%.

Meanwhile, $CYS Mainnet is live today! This kicks off the ComputeFi era, a new way to handle computation on-chain — think of it as the missing piece in Web3 infrastructure. $CYS is the utility token powering the network, currently trading at $0.30 on BingX (+5%). There’s also a 50,000 USDT deposit & trade event going on for early explorers.

Is $CYS just another token, or the start of something that could change Web3 forever?