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FRIEND has dropped below $0.091, a decline of over 97% from its peak 3 months ago. According to market data, the friend.tech token FRIEND fell below $0.091, currently trading at $0.09096, a decline of 97.2% from its peak price of $3.26 on May 3. $BTC $ETH $BNB
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Analysts: The Federal Reserve's emergency rate cut would be a mistake. Analyst Marcus Ashworth states that as global stock markets plummet, traders are discussing the possibility of the Federal Reserve making an emergency rate cut, but this is not only unlikely, but could even backfire. Fundamentally, the stock market decline is a clearing of market positions, not a reaction to economic shocks. The US economy has no problems, so the monetary authorities have no reason to intervene. The Atlanta AR forecast shows that Q3 growth rate will exceed 2%; last week's weaker-than-expected employment report was affected by the hurricane. However, a more sustainable trend may be the reduction in government borrowing costs. Over the past three months, the 10-year US Treasury yield has fallen by 100 basis points, with half of the decline occurring in the past eight trading days. The 2-10 year yield curve is still inverted by 26 basis points, but this is not an economic recession alarm. Bonds are re-establishing their position in the portfolio, which is a gradual process as the economic situation becomes more complex and the need to raise interest rates to curb inflation is clearly reduced. $BTC $ETH $BNB
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A whale withdrew 6,000 ETH, worth $13.82 million, from Binance in 9 hours. PANews reported on August 5th that according to on-chain analyst @ai_9684xtpa's monitoring, a whale has been buying the dips since May 2023, accumulating 58,400 ETH at an average price of $2,265. Over the past ten months, this whale has made a profit of $18.99 million by buying low and selling high ETH. Two months later, this whale withdrew 6,000 ETH, worth $13.82 million, from Binance during the recent crash, at an average cost of around $BTC Between November 2023 and April 2024, the whale has already sold 21,700 ETH at an average price of $3,140, making a profit of approximately $18.99 million. The whale currently still holds 43,700 tokens. $BTC $ETH $bnb
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Data: A certain whale has re-accumulated 6,000 ETH, and has made a profit of $18.99 million from selling ETH over the past ten months. According to monitoring by @ai_9684xtpa, the whale that has been accumulating 58,400 ETH at an average price of $2265 since May 2023 bought the dips in the market crash today, withdrawing 6,000 ETH from Binance, worth approximately $13.82 million, at a cost of around $2,304. Over the past ten months, this whale has sold 21,700 ETH at an average price of $3,140, realizing a profit of approximately $18.99 million. Currently, their account still holds 43,700 ETH. $BTC $ETH $BNB
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Spot gold fell 1.30% during the day. Odaily reports that spot gold has fallen to $2,410 per ounce, down 1.30% intraday. (Gold Ten) $BTC $ETH $BNB
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