[U.S. Secretary of Commerce Raimondo: The new Federal Reserve Chair will lower interest rates]
U.S. Secretary of Commerce Raimondo stated that the new Federal Reserve Chair will lower interest rates.
CryptoQuant analyst JAaMaartun pointed out that Binance continues to be the preferred venue for large-scale stablecoin exchanges by whales. At the same time, the whale transferred 5152 BTC and increased its ETH long exposure in a short period of time. （CryptoQuant）
The current total market value of cryptocurrencies is 2.99 trillion US dollars, with a 24-hour evaporation of 35.261 billion US dollars, a decrease of 1.16%. Among them, Bitcoin accounts for 56.36% of the market value, while Ethereum accounts for 11.39% of the market value.