At the opening of the US stock market, the Nasdaq fell more than 211 points
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The US stock market opened lower, with the Dow Jones Industrial Average falling 297 points, the Nasdaq falling 211 points, and the S&P 500 index falling 0.95%.
[Federal Reserve's Barr Proposes Customization of Bank Capital Requirements]
Federal Reserve Governor Barr has proposed separating bank capital requirements from stress test results and customizing them based on the individual circumstances of each bank. He emphasized that regulators should maintain the rigor of stress tests and avoid formulaic capital requirements that weaken their specificity. Stress tests, introduced after the 2008 financial crisis, aim to assess banks' ability to withstand economic shocks, a measure Barr has consistently supported.
The current total market value of cryptocurrencies is 3.91 trillion US dollars, with a 24-hour evaporation of 182.602 billion US dollars, a decrease of 4.45%. Among them, Bitcoin accounts for 55.75% of the market value, while Ethereum accounts for 12.12% of the market value.