B.TOP founder Jiang Zhuo'er stated that both BTC and ETH have fallen below their upward channels, and the lack of ETF buying over the weekend is a weak time for bulls, resulting in a wave of decline.
Solana's first network-wide vote went down to the wire, with a Kraken-linked validator switching sides before the disinflation proposal narrowly passed.
International precious metals continue to decline, with spot gold prices dropping by 2% to $4508.3 per ounce; Spot silver prices fell 2.08% to $67.81 per ounce.
According to a report by Jin Shi, on August 28th, Federal Reserve Chairman Kevin Walsh emphasized the need for the Fed to curb rising consumer prices and stated that policymakers must be confident that inflation is improving, otherwise the central bank still has work to do. As a result, the yield on two-year US Treasury bonds increased by 5 basis points to 4.28%, while the yield on 30-year bonds decreased by 1 basis point to 5.19%.
