BTC falls below $98,000, down 0.50% on the day

Federal Reserve's Collins: Unwilling to further ease policy, must ensure inflation returns to 2% target

Collins: Further monetary stimulus may hinder inflation from returning to 2%

Perli: The standing repo facility should be used extensively when needed

Data: In the past 24 hours, total liquidations across the network reached $643 million, with long positions liquidated for $530 million and short positions for $113 million.