ETH falls below the $2500 mark

[U.S. President Trump Urges Low Interest Rates, Fed Rate Hike Bets Exceed 85% This Week] U.S. President Trump has urged the Federal Reserve to maintain a low interest rate policy. However, August inflation data exceeded expectations, pushing financial market bets on a Fed rate hike this week to over 85%. Federal Reserve Chair Kevin Walsh faces a tough decision. (Source: Jintou) AI Interpretation: The unexpected rise in inflation data has shattered the market's hopes for accommodative policies. Faced with price pressures, the Federal Reserve is forced to adopt a tightening stance to uphold the credibility of its monetary policy. The high rate hike bets reflect the market's deep concerns about runaway inflation. This decision-making environment compels the Fed to prioritize its price stability objective, effectively ruling out any room for rate cuts in the short term.

Saudi Arabia has closed its main oil pipeline due to attacks, causing Brent crude oil prices to soar at the opening. （Watcher.Guru）

OKX-ETH/USDT is currently trading at $2500.19, with a drop of 0.12% in 5 minutes. Please pay attention to market fluctuations.

Democratic Senator Van Hollen announced that he will not vote for the Bitcoin Clarity Act and called Trump the most corrupt president in history, stating that cryptocurrency has become the preferred currency for terrorists and rogue states. （The Bitcoin Historian）

According to a survey by Bitwise Research, 67% of wealth management institutions have not yet allocated cryptocurrencies in their clients' investment portfolios.