[Powell: The Federal Reserve is well-positioned to decide on adjusting policy rates]
Federal Reserve Chairman Powell stated that the Federal Reserve is in a good position to decide on adjustments to policy rates.
Tom Lee, Chairman of BitMine Immersion Technologies, stated that Ethereum has hit bottom and BitMine Immersion Technologies is actively buying in as a result. (Decrypt)
As Bitcoin's annual return rate falls to negative values, tokenized commodities have performed better than Bitcoin this year, and investors have turned to on chain gold and silver as safe haven assets. (Cointelegraph)
[Powell: A 25 Basis Point Rate Cut May Have Little Impact on Housing Affordability]
Federal Reserve Chairman Powell stated that a 25 basis point rate cut by the Federal Reserve may have little impact on housing affordability.