BTC breaks through the $113000 mark

[Analyst: Stock Market May Remain Stable Amid Fed Rate Cut Expectations] Analysts state that a Federal Reserve rate cut in September is almost certain, and options traders anticipate the stock market will remain stable ahead of Thursday's CPI data release. The market widely expects a 25-basis-point rate cut due to slowing job growth and the need for economic stimulus. Although U.S. stocks saw a slight decline on Friday, the fear index remains below critical levels. Traders predict the S&P 500 index will fluctuate by approximately 0.7% after the CPI release, which is lower than the average over the past year. However, analysts warn that if inflation data significantly exceeds expectations, the market could face risks.

OKX-ETH/USDT is currently trading at $429.99, with a 5-minute drop of 0.09%. Please be aware of market fluctuations.

[Cathie Wood: Current Unemployment Rate Exceeds Pre-Financial Crisis Peak] On September 7, ARK Invest CEO Cathie Wood tweeted that the current unemployment rate has surpassed the peak levels of various cycles prior to the 2008-2009 financial crisis. She stated that this situation once again highlights the need to lower interest rates.

**[Binance Alpha Airdrop Launches Avantis (AVNT)]** Binance has announced the launch of the Alpha airdrop event, introducing the Avantis (AVNT) token. Avantis Protocol is an on-chain exchange that supports leveraged trading of synthetic cryptocurrencies, forex, and commodities, while also allowing users to provide liquidity for these markets. The airdrop will take place on 2025-09-09 at 08:00 (UTC+8). The token will begin trading on 2025-09-09 at 23:00 (UTC+8), with trading pairs such as AVNTUSDT available. After the airdrop ends, AVNT will be available for spot trading, futures contracts, and other services, with an expected launch time of 2025-09-09 at 21:00 (UTC+8). **Important Notes:** - The airdrop redemption period is from 2025-09-09 13:00 (UTC) to 2025-09-10 13:00 (UTC) and requires the use of Alpha Points for redemption. - The maximum leverage for the AVNTUSDT perpetual contract is 50x, with a funding rate cap of +2.00% / -2.00%. - Binance may dynamically adjust contract parameters, including leverage and margin requirements, based on market risks.

[U.S. Treasury Secretary Says Trump Is Correct in Criticizing the Fed's Slow Actions] U.S. Treasury Secretary Besent stated that economic policies will not be adjusted based on single data points, but employment data shows that Trump's criticism of the Federal Reserve's slow actions is correct. Revised 2024 job positions may decrease by 800,000.