Big news on the evening of July 10!
Powell said: The Fed is considering cutting interest rates in the future, and it does not need to wait for inflation to reach 2%, it may be cut between 2% and 3%.
This is a major positive for the crypto market! New coins such as $IO rebounded quickly.
IO is the native token of io.net, which is based on Solana and is a decentralized physical infrastructure network project that integrates unused GPU resources to provide low-cost, high-speed computing power for AI and ML.
IO tokens are the medium of economic exchange within the ecosystem, incentivizing resource providers and users and promoting network development.
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