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Defying Market Turbulence: World's Largest Corporate Bitcoin Holder Buys More Amid Unprecedented Volatility
"Reload Airdrop" Initiative Aims to Compensate 160,000 Memecoin Traders Hit by Market Volatility and Liquidations
High Market Turbulence Predicted as New Bitcoin Whales Navigate Financial Depths
Enterprise Value Plummets as Shares Nosedive by 70% Since June Despite Bitcoin Reserves
The US imposition of tariffs on Chinese goods has triggered a wave of risk aversion in the market, leading to a decline in the stock market and large-scale liquidations in cryptocurrencies. After a synchronized sharp drop, the spot market quickly rebounded, with BTC and ETH showing the strongest resilience. Options market trading volume reached a record high, and demand for short-term put options surged. The perpetual contracts market underwent an extreme test, with a significant increase in on-chain liquidation activities. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model continues to iterate.
- 17:15Powell hints at supporting another rate cut later this month as the U.S. job market cools downChainCatcher news, Federal Reserve Chairman Jerome Powell warned on Tuesday that the U.S. labor market is showing further signs of distress, suggesting he may be prepared to support another interest rate cut later this month. Powell pointed out: "The downside risks to employment have increased." This is the strongest indication so far that Federal Reserve officials believe they have enough evidence to support another 25 basis point cut in U.S. borrowing costs. Powell added that even without new data from the Bureau of Labor Statistics (delayed due to the government shutdown), privately produced labor market indicators and internal Federal Reserve research provide sufficient reason to indicate that the job market is cooling. "Existing evidence" shows that "layoffs and hiring numbers remain very low," while "households' views on job opportunities and businesses' perceptions of hiring difficulties continue to trend downward." These remarks indicate that Powell is becoming more dovish on monetary policy.
- 16:57Powell: There is significant uncertainty regarding the "balanced level" of job creationAccording to Golden Ten Data, ChainCatcher reported that Federal Reserve Chairman Jerome Powell stated that there is significant uncertainty regarding the "balanced level" of job creation, and it may have dropped below zero.
- 16:57Powell: No comment on the price of bitcoin or gold, believes inflation is driven by fundamental supply and demand factors.ChainCatcher News, Federal Reserve Chairman Powell stated that he would not comment on the prices of gold or bitcoin, and believes that inflation is driven by fundamental supply and demand factors. It is still too early to judge the impact of artificial intelligence on productivity. Risk Warning