Year of the Snake's first meme project BMBA has a weekly inc | Kun Lee on Binance Square

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Year of the Snake's first meme project BMBA has a weekly increase of more than 1500%
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BTC

60 672,41

+4.36%

ETH

2 338,21

+2.29%

BNB

548,8

+2.48%

335

0

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JPMorgan strategist: U.S. economy is strong, Fed doesn't need to cut rates Odaily Planet Daily Report: Oksana Aronov, Head of Alternative Fixed Income Market Strategy at an asset management firm, said in an interview with CNBC on Tuesday that interest rates are not as restrictive as the Federal Reserve expects... The market has become accustomed to a low-interest rate environment, "This (the market's call for rate cuts) is the impact of the extraordinary unconventional monetary policy of the past 15 years on the market." Aronov said the U.S. unemployment rate is at a historic low, and the market is no longer accustomed to a normal interest rate environment. The current 4.3% unemployment rate is "completely within" the Federal Reserve's 5% target, and any recent weakness is just a return to normal after years of a very tight labor market... We have not really seen widespread weakness. Retail sales and earnings of retailers like Walmart (WMT.N) are strong, indicating robust consumer spending. Aronov said the economy is still steadily growing, and there is no need to "sound the alarm." $BTC $ETH $BNB

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NEIRO breaks through $0.0008, up 123.3% in 24 hours According to CoinGecko data, NEIRO has broken through $0.0008, currently trading at $0.0008358, with a 24-hour increase of 123.3%. Additionally, its 24-hour trading volume has exceeded $600 million, and its market capitalization has surpassed $350 million. $BTC $ETH $BNB

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Institution: The Fed may want to avoid sending the wrong signal by cutting interest rates sharply ChainCatcher news, the Federal Open Market Committee (FOMC) of the United States will announce its interest rate decision later today. Maybank analysts stated in a foreign exchange research and strategy report that the market's expectation for a 50-basis-point rate cut by the Federal Reserve has stabilized in the 60%-70% range. However, analysts said the FOMC may want to avoid sending the wrong signal to the market through a large rate cut, partly because this could cause panic. Analysts added that market participants are expected to focus on Federal Reserve Chairman Powell's press conference to understand the subtle differences in the forward guidance for future rate cuts. $BTC $ETH $BNB

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Institution: The Fed may want to avoid sending the wrong signal by cutting interest rates sharply The Odaily Planet Daily Report states that the US Federal Open Market Committee (FOMC) will announce its interest rate decision later today. An analyst at Maybank in a foreign exchange research and strategy report said that the market's expectation of a 50 basis point rate cut by the Federal Reserve has stabilized in the 60%-70% range. However, analysts said that the FOMC may wish to avoid sending the wrong signal to the market through a large rate cut, partly because this could cause panic. The analyst added that market participants are expected to focus on the press conference by Federal Reserve Chairman Powell to understand the subtle differences in the forward guidance for future rate cuts. $BTC $ETH $BNB

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Binance BTC contract open interest is $7.095 billion, up 5.17% in 24 hours Odaily data shows that the total open interest of BTC futures contracts across the network is 522,900 BTC, equivalent to $31.609 billion, with a 24-hour increase of 3.19%. Among them, the open interest of CME BTC contracts is 148,200 BTC (equivalent to $8.953 billion), ranking first, with a 24-hour increase of 3.07%; the open interest of Binance BTC contracts is 117,400 BTC (equivalent to $7.095 billion), ranking second, with a 24-hour increase of 5.17%. $BTC $ETH $BNB

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