Platinum prices hit a 17 year high

Over $433 million in cryptocurrency positions have been liquidated in the past 24 hours, with over $281 million cleared for long positions and $152 million cleared for short positions. （Cointelegraph）

[Federal Reserve's Goolsbee: Interest rates can be lowered if inflation clearly subsides] Federal Reserve's Goolsbee stated that if it becomes clear that inflation is subsiding, interest rates can be lowered.

[Federal Reserve's Goolsbee: Uneasy About Early Rate Cuts] Federal Reserve's Goolsbee stated that he feels uneasy about early rate cuts.

Guessing the direction of Congress is akin to long-range weather prediction, with so many variables in play, and the industry's fate depends on a break in the storm. What to know : With as many variable as there are negotiators, the process to get the U.S. Senate's crypto market structure bill to a finish line is beset by uncertainties, even as those in the talks are hopeful. There are several very significant points to work out at the negotiating table, plus the possibilities of government-shutdown threats, political interference and White House rejections. If it doesn't find traction in 2026, the U.S. federal regulators will continue to push crypto policies through whatever authorities they can tap.

[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.