The United States will hold its presidential election on November 5, and the unpredictable situation in swing states has increased market volatility.

The Federal Reserve (Fed) will announce the latest interest rate decision at 2 a.m. Beijing time this Thursday (19th).

After the CPI data was released, the market believes that the probability of the Fed lowering interest rates by 25 basis points this month has increased from 66% yesterday to 85%...

Due to the impact of the U.S. non-farm payroll data in August, which intensified market concerns about a recession in the U.S. economy, Bitcoin plummeted from around $57,000 on Friday.

The price volatility of Bitcoin, the decrease in network transaction activity, and the intensifying market competition continue to put significant pressure on miners.

Since Bitcoin reached its historical high of $73,000 in March this year, it has consistently lacked upward momentum.

Federal Reserve Chairman Jerome Powell stated at the Jackson Hole Economic Forum on Friday night at 10 PM Beijing time that the timing for interest rate cuts has matured.

The market is closely watching these inflation indicators to confirm that inflation is moving further in the right direction.

The U.S. government transferred 29,800 bitcoins to a new and unmarked address last night.

In the cryptocurrency market, Bitcoin surged after the CPI data was released, reaching a high of $59,579.

The market needs to absorb the selling pressure from the German government's liquidation and the repayments from Mt. Gox to creditors, and this situation is expected to last until interest rate cuts begin.

Inspired by Powell's dovish remarks, all four major U.S. stock indices closed higher today, with the S&P 500 index reaching a new high above 5500 points.

The SEC has returned the S-1 form to the Ethereum spot ETF issuers, requesting them to address the issues and resubmit the documents with updated filings by July 8.

Recently, the cryptocurrency market has shown a lackluster performance, with investor interest waning. The U.S. Bitcoin spot ETF under the 11th filing suffered a withdrawal of over $152 million on Tuesday.

The increasing regulatory scrutiny and stricter regulations may reduce investors' information about cryptocurrencies, leading to a massive sell-off in the market.

The increasing regulatory scrutiny and stricter regulations may reduce investors' information about cryptocurrencies, leading to a massive sell-off in the market.

The capital-raising ability of Bitcoin spot ETFs has actually been exaggerated, and there are still doubts about whether more funds will flow into the cryptocurrency market this year.

Countries around the world have begun to cut interest rates, indicating that the trend of monetary easing is still unfolding.

Key points to note: CPI data will be released at 20:30, and the Federal Reserve's interest rate decision will be announced at 2:00 AM.

Current market sentiment may be in a state of consolidation.