[The Federal Reserve Lowers Benchmark Interest Rate by 25 Basis Points, Meeting Expectations] The Federal Reserve announced a 25 basis point reduction in the federal funds rate to 4.0%~4.25%, meeting expectations.

OKX-ETH/USDT is currently trading at $4507.19, with a 5-minute increase of 0.13%. Please be aware of market fluctuations.

The current price of ETH is $4505.29, with a 0.15% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 13.16 million US dollars, with the main liquidation being short orders and ETH liquidation being 5.63 million US dollars (42.75%). The data is for reference only.

[Analyst Says Limited Risk of U.S. Treasury Yield Rebound] The head of fixed income at Julius Baer stated that the risk of long-term U.S. Treasury yields rising after the Federal Reserve cuts interest rates in 2024 is limited. The current 10-year U.S. Treasury yield is higher than the level before the rate cuts, providing a buffer for the market.

Binance BNB/USDT is currently trading at $949.86, with a 5-minute increase of 0.03%. Please pay attention to market fluctuations.