The Federal Reserve Kashkari said that the treasury bond bond market is operating normally, the recent rise in yield will not affect the discussion of monetary policy, and inflation will not fall back to the target level in the short term.

Democratic Senator Van Hollen has called for the closure of Trump's Bitcoin and cryptocurrency businesses, and has called on lawmakers to investigate World Liberty Financial's connections with foreign leaders. Van Hollen accused World Liberty Financial of receiving $500 million from the United Arab Emirates four days before Trump's inauguration, after which Trump lifted restrictions on the sale of artificial intelligence chips in the country and claimed that it sold AI chips to China. （The Bitcoin Historian）

Binance MORCHO is currently priced at $2.64, with a 24-hour increase of 19.46%. 24-hour transaction volume of 61.81 million US dollars, a decrease of 7.74%, for reference only

According to Bitcoin.com News, US Senator Kirsten Gillibrand stated on August 23 that Congress should prohibit the President, spouses, and senior officials from issuing, initiating, or profiting from cryptocurrencies during their term, and include this ethical ban in the Digital Asset Market Structure Act. A survey shows that 63% of respondents believe that Trump and his family's cryptocurrency profit-making behavior is inappropriate. Trump disclosed in his annual filing that cryptocurrency related revenue will exceed $1.4 billion by 2025. The related controversy extends to the Senate Digital Asset Market Clarity Act, which will undergo its first procedural vote in the Senate on September 15th. Kirsten Gillibrand stated that she will not vote to allow the president to profit from public office with taxpayer support.

In the past 24 hours, the cryptocurrency market has experienced a total contract liquidation of $405 million, including multiple liquidation of $246 million and short liquidation of $159 million.