Bitcoin's attempt to break through $100,000 stalled, facing selling pressure from investors.

Reasons supporting an interest rate hike include high CPI and PPI data in September, the costs of delayed action, and the fact that current policies have not yet reached a restrictive level; reasons for holding rates steady include the manageable risks of spreading rate hikes, avoiding sending misleading signals to the market with consecutive rate hikes, and avoiding a surprise rate hike on the eve of an election.

The market widely expects the Federal Reserve to keep interest rates unchanged tonight. CNBC analysis points out that the Fed faces the challenge of worsening inflation since the last meeting and multiple indicators pointing to weaker data in the future. TD Securities states that if significantly higher inflation data or continued strong labor market performance emerges, the market may increase its expectations for a 50-basis-point rate hike by the Fed at its next meeting. (Source: CNBC) AI Interpretation: The Federal Reserve's decision to maintain interest rates was in line with market consensus, but the reality of worsening inflation shattered any illusions of a policy shift. Current monetary policy is caught in a dilemma; sticky inflation forces the Fed to maintain high interest rates to curb price rebounds. Rising market expectations for further rate hikes directly reflect concerns about a prolonged tightening cycle. This policy stance completely eliminates the possibility of rate cuts in the short term and reinforces expectations of continued tightening of financial conditions.

Coinbase faces a key earnings test as analysts debate the strength of its trading rebound following a sharp drop in Robinhood's crypto revenue.

Solidus Labs analysis revealed that a trader placed over $170 million in unusual orders through two Hyperliquid accounts between March 8th and 10th, suspected of using spoofing to manipulate market prices. The trader profited approximately $119,000 during this period, with one instance showing the trader quickly canceling approximately $17 million in sell orders while simultaneously executing approximately $425,000 in buy orders (Source: Bloomberg).

A senior U.S. diplomatic official stated that U.S.-Israeli military, intelligence, and diplomatic cooperation will continue unaffected by the Israeli election results, the progress of new government formation, or the U.S. midterm elections. The official said that if a decision is made to strike Iran again, it will be based on professional judgment and shared U.S.-Israeli interests, with objectives including the complete elimination of Iran's military nuclear program and the elimination of its military threat to the Strait of Hormuz and surrounding countries. The U.S. strategic objectives remain unchanged, and it favors promoting a broad-based unity government in Israel free of extremists; this issue was discussed in U.S.-Israeli talks early Wednesday morning. (Source: Israel Today)