[Federal Reserve Governor Milan: Inflation is Moving in the Right Direction]
Federal Reserve Governor Milan stated that inflation is moving in the right direction.
[White House Advisor: Government Shutdown Slightly Reduces CPI Reliability, Fed Still Has Significant Room for Rate Cuts]
White House advisor Hassett stated that the U.S. government shutdown has slightly reduced the reliability of CPI data. Core inflation is essentially at or below target levels, and the Federal Reserve still has significant room for rate cuts.
The Federal Reserve has solicited public opinion on a plan to establish a fast track approval process for "innovative" banks seeking to operate nationwide. （Decrypt）
The current total market value of cryptocurrencies is 3.11 trillion US dollars, with a 24-hour growth of 129.771 billion US dollars, an increase of 4.34%. Among them, the market value of Bitcoin accounts for 56.28%, and the market value of Ethereum accounts for 11.73%.
Citi predicts that BTC prices will reach $143000 within the next 12 months, citing rising adoption rates and relaxed cryptocurrency regulations. （Cointelegraph）