BTC falls below the $101000 mark

[Federal Reserve's Collins Says Rate Cuts Require High Threshold Conditions] Federal Reserve's Collins stated that rate cuts require meeting 'high threshold' conditions.

[Dow Jones hits record high at U.S. stock market close, AMD rises 9%] U.S. stocks closed on Wednesday, with the Dow Jones initially up 0.68%, hitting a new intraday high; the S&P 500 index edged up, while the Nasdaq fell 0.26%. Airline stocks broadly rose, with United Airlines up 5%. AMD rose 9%, Oracle fell nearly 4%. The Nasdaq Golden Dragon China Index closed down 1.46%, Tencent Music fell 8%, and Alibaba fell nearly 2%.

[Federal Reserve's Collins Says Interest Rates May Stay at Current Levels for Some Time] Federal Reserve's Collins stated that the Fed is likely to keep interest rates at their current levels for some time.

[Federal Reserve Governor Milan: Unable to Cancel Interest Payments on Reserves at This Stage] Federal Reserve Governor Stephen Milan stated that the current monetary policy framework and banking regulatory system require banks to hold reserves, making it impossible to cancel interest payments on reserve balances. He pointed out that addressing the issue of reserve interest rates would first require improvements to the banking regulatory framework to reduce the size of the Federal Reserve's balance sheet. Milan mentioned that reducing interest expenses is a topic the Federal Reserve is repeatedly discussing. Some Republican lawmakers support legislation to stop the Federal Reserve from paying interest on reserves, but Milan believes this move is impractical at this stage.

Ethereum is facing challenges from the decline in Bitcoin prices and bearish market signals, and we need to pay attention to whether it can perform against the trend. （Decrypt）