BTC breaks through the $95000 mark

Odaily Planet Daily News: According to data disclosed by Cointelegraph on the X platform, the DEX trading volume on the Solana chain has exceeded $100 billion for two consecutive months.

OKX-BTC/USDT is currently trading at $96048.60, with a 24-hour increase of 1.13%. Please be aware of market fluctuations.

The current price of Binance BTC is $95756.74, with a 0.88% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 18.58 million US dollars, with the main liquidation being short orders and BTC liquidation being 6.54 million US dollars (35.22%). The data is for reference only.

OKX - PENGU is currently priced at $0.03463, with a 24-hour price increase of 31%. 24-hour transaction volume of 16, an increase of 163.48%, for reference only

Odaily Planet Daily News: The median forecast of the Federal Reserve for interest rates in 2025 is only a 50 basis point cut, but the Canadian Business and Economics Association (BCA) expects more cuts. BCA analysts stated in a report that inflation is likely to be lower than the Federal Reserve's 2025 forecast, while the unemployment rate may be higher than the Fed's 2025 forecast. They said, "Therefore, more than 50 basis points of loose policy will be needed." The Federal Reserve predicts that the unemployment rate will be 4.3% by the end of 2025, "which requires a significant improvement in the development momentum of the labor market, and we believe that this trend shift is unlikely to occur