[Bank of Canada Cuts Interest Rate by 25 Basis Points] Odaily Planet Daily News: The Bank of Canada has lowered the benchmark interest rate by 25 basis points to 2.50%, in line with market expectations. (Jin10)

[Nasdaq Company Reliance Global Completes First ETH Purchase] On September 17, Nasdaq-listed company Reliance Global announced the completion of its first Ethereum (ETH) purchase, with the specific quantity yet to be disclosed. According to its cryptocurrency treasury strategy, it may continue to purchase Bitcoin, Solana, and other digital assets in the future.

OKX-BTC/USDT is currently trading at $116044, with a 5-minute decline of 0.09%. Please be aware of the market fluctuations.

At the opening of the US stock market, the Dow Jones Industrial Average rose 117 points, the Nasdaq fell 1 point, and the S&P 500 index rose 0.05%.

[Fed Cuts Rates by 50 Basis Points May Trigger Market Volatility] TA Securities analysis suggests that if the Federal Reserve unexpectedly cuts rates by 50 basis points, it may provide a short-term boost to interest rate-sensitive industries but could also raise concerns about economic weakness, dampening market sentiment, and potentially impacting cyclical sectors. If the Federal Reserve keeps rates unchanged while data weakens, the market may interpret it as a policy misstep, leading funds to flow into defensive sectors and an overall decline in risk appetite.