BTC falls below the $117500 mark

US Department of Justice seizes $2.8 million in cryptocurrency related to extortion case The US Department of Justice announced the seizure of approximately $2.8 million in cryptocurrency, $70000 in cash, and a luxury car in a case involving ransomware attacks. The suspect is accused of obtaining ransom through extortion and using the closed cryptocurrency mixing service ChipMixer for money laundering.

Federal Reserve's Barkin: 4.2% unemployment rate is at a normal level Federal Reserve official Barkin stated that a 4.2% unemployment rate is not a bad number. At present, the unemployment rate remains stable, and the slowdown in employment growth is consistent with the slowdown in labor force growth.

JPMorgan Chase: Stablecoins Growth May Drive Ethereum Price Up According to a report by JPMorgan, the increase in stablecoins issued by Wall Street within the Ethereum ecosystem may drive the price of ETH to continue rising. Analysts point out that after the GENIUS Act provides a regulatory framework for stablecoins, the growth of dollar linked tokens is expected to affect Ethereum prices, even though these tokens are mainly issued on the second layer network. Ethereum is becoming an important platform for capturing the growth opportunities of stablecoins due to its hosting of a large number of stablecoin assets.

OKX-BTC/USDT is currently trading at $117484, a decrease of 0.27% in 5 minutes. Please be aware of market fluctuations.

Bitget BCH/USDT perpetual trading volume surged 26 times in 10 minutes, with a turnover of 55.93 million US dollars in the past 24 hours, a decrease of 5.09% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally