BNB falls below the $850 mark

[Lagarde: The European Central Bank Will Ensure Inflation Stabilizes at the 2% Target Level] European Central Bank President Lagarde stated that the central bank has achieved price stability and will take all necessary measures to ensure the inflation rate in the Eurozone remains at the 2% target level. In an interview on Monday, she mentioned that current inflation has reached the target value. The upcoming inflation report is expected to further support this assessment, with economists predicting the data will show an inflation rate of 2%. The market widely anticipates that the European Central Bank will keep interest rates unchanged at its policy meeting in the next two weeks, as most policymakers are satisfied with the current 2% rate level. Although investors remain uncertain about whether there will be additional rate cuts this year, some economists predict a final rate cut may occur in December.

[European Central Bank President Lagarde States Inflation Will Continue to Be Controlled] Golden Finance reports that European Central Bank President Lagarde stated that the ECB will continue to take necessary measures to ensure inflation is kept under control. (Jin10)

[Kronos Research: Inflation Data Intensifies Bearish Sentiment in Bitcoin Market] Kronos Research Chief Information Officer Vincent Liu stated that inflation data has intensified bearish sentiment in the Bitcoin market, with the key psychological support level at $100,000 and Ethereum's support level at $4,000. He warned that breaking below these support levels could trigger deeper declines and liquidity tightening. Additionally, he noted that the unexpected performance of this week's non-farm payroll data could lead to market volatility, with strong data potentially suppressing cryptocurrencies, while weaker-than-expected data might boost demand.

Bitget SPX/USDT's perpetual trading volume surged 84 times in 10 minutes, with a turnover of 5.4 million US dollars in the past 24 hours, a decrease of 2.39% 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

Binance BNB/USDT is currently trading at $849.74, with a 5-minute decline of 0.03%. Please pay attention to market fluctuations.