BTC drops to $98935.6, hitting a near 3-month low

According to AiCoin's real-time on chain monitoring, from 04:11-04:12 (UTC+8) today, the "Calm Open King" once again placed multiple BTC orders, with a total of 8 BTC and a value of $800000. As of press time, the value of its BTC multi position is as high as $22.07 million, with a floating loss of $530000. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a

According to AiCoin's real-time on chain monitoring, from 04:10-04:11 (UTC+8) today, the "Calm Open King" once again placed multiple SOL orders, with a total of 6489 SOL and a value of $921000. As of press time, the value of its SOL multi position is as high as $19.03 million, with a floating loss of $1.46 million. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a

The cryptocurrency market is in a state of extreme fear, reaching its lowest level since March, with Bitcoin prices hovering around $100000, while gold and silver have risen after the shutdown. （Cointelegraph）

[Federal Reserve's Mussailem: Current Policy Approaches Neutral, Limited Room for Easing] Federal Reserve's Mussailem stated that current monetary policy is closer to neutral rather than tight, with limited room for further easing. He pointed out that the inflation rate has reached 3% and emphasized the need to maintain pressure on inflation above the target while supporting the labor market, stressing the importance of acting cautiously in the future.

[Federal Reserve's Hammack: Monetary Policy Needs to Stay Tight to Curb Inflation] Federal Reserve's Hammack stated that although the U.S. dollar is not a core topic of discussion for the central bank, the weakening of the dollar this year is not a cause for concern. She pointed out that the dollar has started to weaken from an extremely strong position, bringing it closer to fair valuation and making it more reasonable compared to other currencies. Hammack emphasized that interest rate policy should remain restrictive to exert downward pressure on the still concerning inflation levels and bring inflation back to target levels. She remarked that this is a challenging period for monetary policy, as the Federal Reserve must navigate the dual mandate of addressing both inflation and employment challenges.