Market News:

1. According to professional analysis, the Federal Reserve is very likely to continue lowering interest rates next week, with a reduction of 25 basis points. This is due to the latest PPI (Producer Price Index) and initial jobless claims data exceeding market expectations, indicating potential uncertainty in the economic situation.

2. Major stablecoin issuer Tether has announced the minting of an additional 1 billion USDT, a move that will have a significant impact on the cryptocurrency market.

3. Alipay has officially refuted the rumor: "Alipay supports the purchase of cryptocurrencies" is false information, and everyone is advised not to believe it.

4. Republican representatives from Texas have submitted an important bill proposing the establishment of a Bitcoin strategic reserve. This action could positively affect the development of Bitcoin and its related industries.

5. Yesterday, ETHE saw a net outflow of up to $22.8 million, while BTC experienced a net inflow of $110.8 million. This data reflects a strong market confidence in Bitcoin.

6. Recently, Avalanche successfully completed a $250 million private financing round, with well-known investment institutions like Galaxy Digital participating in this financing. This move will further promote the development of Avalanche.

7. Congressman French Hill, a supporter of cryptocurrencies, has successfully won the position of chairman of the Financial Services Committee, indicating the policy-level importance and support for the cryptocurrency field.#市场动态