[Trump: Immediate rate cuts are the litmus test for the new Fed chair, some tariffs on goods may be reduced] U.S. President Trump stated on the 8th local time that he is considering granting tariff exemptions for some goods, with tariffs on certain goods being reduced while others may be increased. Trump pointed out that the return of automobile companies to the U.S. is attributed to tariff policies. When discussing interest rate issues, Trump confirmed that immediate rate cuts are the 'litmus test' for the new Federal Reserve chair but did not explicitly state whether he had communicated with potential candidates for the position.

[Hyperscale Data Expands Bitcoin Allocation to $75 Million and Allocates Funds for Additional Purchases] Hyperscale Data announced the expansion of its Bitcoin treasury allocation to $75 million, approximately 83% of the company's market value. Its wholly-owned subsidiary, Sentinum, currently holds a total of 451.85 Bitcoins (including 387.4768 Bitcoins acquired from the open market and approximately 64.3731 Bitcoins from mining output) and has allocated $34 million in cash for purchasing Bitcoin on the open market.

[Ethereum Foundation-related address deposits 5,748 ETH to Kraken] An address (0x9D1c) deposited 5,748 ETH, valued at $17.89 million, to Kraken. On-chain tracking shows that these ETH originally came from the Ethereum Foundation.

Bitcoin surrendered gains from earlier in the week, fell back toward $90,000 as traders braced for Wednesday’s Federal Reserve rate decision.

[Trump: Rate Cuts Are the Litmus Test for the Fed Chair Position] U.S. President Trump stated that rate cuts are the litmus test for the Federal Reserve Chair position.