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South Korean won falls to 15-year low against dollar The Korean won fell to its lowest level against the US dollar since March 16, 2009, currently trading at 1452.37 (<ChainCatcher>). $BTC $ETH $SOL
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Hong Kong Monetary Authority cuts interest rates by 25 basis points The Hong Kong Monetary Authority (HKMA) has lowered the benchmark interest rate by 25 basis points to 4.75%. Previously, the U.S. Federal Reserve announced a 25-basis-point rate cut earlier today. $BTC $ETH $SOL
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The total cryptocurrency market value fell below $3.7 trillion, down 7.5% in the past 24 hours According to CoinGecko data, the total cryptocurrency market capitalization has fallen below $3.7 trillion, currently standing at around $3.646 trillion, with a 24-hour decline of 7.5%. $BTC $ETH $SOL
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Trump family crypto project WLFI bought $250,000 of ENA 4 hours ago and exchanged 103 cbBTC for WBTC According to Onchain Lens monitoring, about 4 hours ago, the Trump family crypto project WLFI (World Liberty) spent $250,000 USDC to purchase 231,726 ENA, and exchanged 103 cbBTC worth $10.36 million into WBTC. So far this month, it has spent: - $30 million USDC to purchase 8,105 ETH; - $10 million USDC to purchase 103 cbBTC (exchanged into WBTC); - $2 million USDC to purchase 78,387 LINK; - $1.91 million USDC to purchase 6,137 AAVE; - $750,000 USDC to purchase 741,687 ENA; - $250,000 USDC to purchase 134,216 ONDO. $BTC $ETH $SOL
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Analysts: Concerns that the Fed may resume raising interest rates too early Odaily reports that analyst Jersey said some are concerned that the policies of the new US administration may lead to inflation, causing the Federal Reserve to raise interest rates before the end of 2025, but this may be premature as the implementation of new policies takes a long time. However, considering the possibility of an interest rate hike, which seemed unlikely just four months ago, the yield curve may steepen. But such actions may not occur until we have more data. (Gold Ten) $BTC $ETH $SOL
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