XRP Downside Fears Persist Despite ETF Optimism, Options Data Show

[Powell: Federal Reserve decisions are not influenced by political factors] On September 24, Federal Reserve Chairman Powell stated that the Fed's decisions are never based on political factors and called external claims that the Fed is driven by political motives pure nonsense. Previously, U.S. President Trump had repeatedly pressured the Fed to cut interest rates.

[Powell: Current Financial Stability Risks Have Not Intensified] On September 24, Federal Reserve Chairman Powell stated that this is not a period of heightened financial stability risks. If policies deviate from the correct direction, the Federal Reserve will take measures to adjust. He emphasized that the Federal Reserve is focused on its dual mandate and noted that banks currently have sufficient capital and households are in good condition.

OKX-BTC/USDT is currently trading at $111968, with a 5-minute decline of 0.06%. Please pay attention to market fluctuations.

[Powell: Overly Tight Policies Could Impact the Labor Market] On September 24, Federal Reserve Chairman Powell stated that sluggish job growth might make it difficult to maintain a stable unemployment rate, and overly tight policies could cause unnecessary shocks to the labor market. He emphasized that after the rate cut in September, the Federal Reserve is in a favorable position and believes that tariff-driven price pressures may be temporary.

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