IMF Managing Director: US led trade war may lead to global growth slowdown but no recession risk

[Federal Reserve Official Says No Reason to Cut Rates This Month] Cleveland Federal Reserve President Beth Hammack stated that inflation is still above the Fed's 2% target and continues to rise, so there is no reason to cut rates this month. She noted that businesses are facing supplier price pressures and emphasized the importance of the Fed's independence in maintaining low inflation.

The current price of ETH is $4273.53, with a drop of 4.30% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 13.87 million US dollars, with multiple orders being the main liquidation and 5.68 million US dollars (40.97%) of ETH liquidation. The data is for reference only.

CEO Dylan Field distanced the company’s crypto position from evangelist extremes, saying bitcoin is part of a diversified cash approach.

[New York Fed Williams: Future Rate Cuts May Be Appropriate] New York Fed President Williams stated that over time, the Federal Reserve may adjust interest rates to a more neutral stance. He emphasized that the Fed needs to balance risks between employment and inflation, while noting that the impact of tariffs on inflation has not been significant so far but requires observation of long-term effects. Williams did not specify the timing or pace of rate cuts.

BTC is on the brink of losing a key level that could see prices plunge to $93,000 before a stronger final quarter, Bitfinex analysts cautioned.