$BTC ✅ Bitcoin, as mentioned earlier, has momentarily recovered to $55k amidst a rebound attempt in the S&P 500.

Monday's News:

✔️ The media is filled with reports on the necessity for the Federal Reserve to hold an emergency meeting and cut the rate. The forecast for September 18th gives an 83% chance of a 0.5% rate cut.

✔️ The US government transferred 300 ETH (worth $700k).

✔️ On the KuCoin crypto exchange, Bitcoin momentarily dropped to $3.2 due to low liquidity in the BTC/DAI pair 😮.

✔️ Vitalik Buterin sold the Neiro meme token for $103k, which was sent to him by the team to create hype.

✔️ Crypto funds started exiting the market last week, selling off $528 million.

✔️ Elon Musk's company Neuralink implanted a chip into the brain of a second patient 🧠.

✔️ DeFi platform Aave earned $6 million today from liquidations of traders during the crypto market crash.

#BTC #ETH #defi #kucoin