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The Federal Reserve Governor Bowman: Remain cautious about rate cuts. According to the news from Mars Finance, Federal Reserve Governor Bowman stated that there are upside risks to inflation, and the labor market remains strong, indicating that she may not be prepared to support a rate cut at the next meeting of U.S. central bank officials in September. She said that the progress made in reducing inflation in May and June is welcome, but inflation is still above the committee's 2% target, which is concerning, and I will remain cautious when considering adjusting the current policy stance. She also stated that U.S. fiscal policy, immigration pressures on the real estate market, and geopolitical risks could put upward pressure on house prices, and the recent jump in the unemployment rate to 4.3% may have exaggerated the extent of the cooling in the labor market. $BTC $ETH $BNB

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The Federal Reserve Governor Bowman: The cooling of the labor market has been exaggerated, and I remain cautious about rate cuts. On August 11, Federal Reserve Governor Bowman stated that inflation remains "uncomfortably" above the target level. There are upside risks to inflation, and the labor market remains strong, indicating that she may not be prepared to support a rate cut at the next meeting of U.S. central bank officials in September. She said that the progress made in reducing inflation in May and June is welcome, but inflation is still above the committee's 2% target, which is concerning, and I will remain cautious when considering adjusting the current policy stance. She also stated that U.S. fiscal policy, immigration pressures on the real estate market, and geopolitical risks could put upward pressure on house prices, and the recent jump in the unemployment rate to 4.3% may have exaggerated the extent of the cooling in the labor market. $BTC $ETH $BNB

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A large long-term ETH/BTC exchange rate whale has started to reduce their positions. According to Yujin's monitoring, the long-term ETH/BTC exchange rate trader James Fickel has started to reduce his position. In the past 5 hours, he has sold 10,000 ETH and exchanged them for 425.75 WBTC to repay his loans, in order to reduce his long ETH/BTC exchange rate position. From January to July this year, he has been continuously borrowing WBTC from Aave and then selling them to buy ETH to take a long position on the ETH/BTC exchange rate, with a cost basis of around 0.054. After partially reducing his position today, his long ETH/BTC exchange rate position is still very large: he still has 2438.5 WBTC (worth about $148 million) in loans. $BTC $ETH $BNB

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A large long-term ETH/BTC exchange rate whale has started to reduce their positions. According to Ember Monitor, ETH/BTC exchange rate long James Fickel has begun to reduce his position. In the past 5 hours, he has sold 10,000 ETH and exchanged them for 425.75 WBTC to repay his loans, in order to reduce his long ETH/BTC exchange rate position. From January to July this year, he has continuously borrowed WBTC from Aave and then sold it for ETH to take a long position on the ETH/BTC exchange rate, with a cost basis of around 0.054. After partially reducing his position today, his long ETH/BTC exchange rate position is still very large: he still has 2438.5 WBTC (worth approximately $148 million) in loans. $BTC $ETH $BNB

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CoinGecko: The crypto market decline in early August is not one of the most severe market corrections in the past decade. ChainCatcher news, CoinGecko posted on social media that although the recent four-day decline has caused the total cryptocurrency market capitalization to drop from $2.44 trillion on August 2 to $1.99 trillion on August 6, this decline is not one of the most severe market corrections in the past ten years, as the daily decline is less than 10%. Historical data shows that the most severe correction in the global cryptocurrency market occurred on March 13, 2020, affected by the panic of the COVID-19 pandemic, when the cryptocurrency market plummeted 39.6%. The total cryptocurrency market capitalization plummeted from $223.74 billion to $135.14 billion (DoD), in comparison, the largest sell-off this year occurred in March, with a decline of 8.4%. $BTC $ETH $BNB

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Tin tức mới nhất

Bitcoin(BTC) Drops Below 61,000 USDT with a Narrowed 0.63% Increase in 24 Hours

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Fed Governor Bowman Expresses Concerns Over High Inflation

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Whale Reduces ETH/BTC Position Amid Market Volatility

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Peru Implements KYC And AML Measures For Virtual Asset Service Providers

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Jamie Dimon Predicts Economic Recession As Likely Outcome For US

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