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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
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.
Bitcoin dominance falls sharply after tariffs crash, with altcoins now leading the market in performance.Altcoins Take the Lead in Post-Crash RecoveryWhy Bitcoin Dominance Is FallingWhat This Means for Traders and Investors
- 16:32Powell: The Future Direction of Monetary Policy Will Be Driven by Data and Risk AssessmentJinse Finance reported that Federal Reserve Chairman Powell stated that the future direction of monetary policy will be driven by data and risk assessments. The balance sheet remains an important monetary policy tool, and stopping the expansion of the balance sheet earlier might have had only a minor impact. Risks in the job market are rising, which justifies a rate cut in September. Expectations for the labor market continue to trend downward.
- 16:28The US Dollar Index (DXY) falls below 99, down 0.27% on the day.ChainCatcher news, according to Golden Ten Data, the US Dollar Index (DXY) has fallen below 99, with an intraday decline of 0.27%.
- 16:28Powell: The Federal Reserve is committed to holding Treasury assets on its balance sheet for the long termChainCatcher news, according to Golden Ten Data, Federal Reserve Chairman Powell stated that the Federal Reserve remains committed to maintaining a balance sheet consisting solely of Treasury securities for an extended period.