The cryptocurrency market soared late at night, causing over 120,000 people to suffer losses and go bankrupt. What impact will this have?
On August 11th local time, the US stock market opened higher, and cryptocurrencies collectively soared.
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On August 11th local time, the US stock market opened higher, and cryptocurrencies collectively soared.
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More than half of 2025, Americans are facing an invisible "financial pressure war".
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President Trump has formally nominated White House Economic Advisory Council Chair Stefano Milani to fill the temporary vacancy left by outgoing Fed Governor Kugler.
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Recently, the gold market has been the focus of the financial sector. Affected by factors such as tariffs, the gold market has experienced fluctuations.
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Recently, expectations of the Federal Reserve cutting interest rates have intensified due to fluctuations in economic data and differences among officials.
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In August 2025, US President Donald Trump signed an executive order targeting discriminatory debanking in the banking industry, prohibiting financial institutions from refusing service based on a client's political affiliation, religious beliefs, or industry.
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The Federal Reserve recently made a decision to keep the federal funds rate unchanged in the range of 4.25% -4.50%. This is the fifth consecutive meeting of the Federal Reserve to maintain interest rate stability.
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At the beginning of August, the cryptocurrency market witnessed a sharp correction. Bitcoin once dropped below $112,000, and over 110,000 people went bankrupt in the past 24 hours, with a total liquidation amount of $369 million.
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On July 31st Eastern Time, the three major indexes in the US stock market collectively closed down, pouring cold water on the recently hot US stock market.
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Recently, Federal Reserve Chair Powell stated at a press conference following the monetary policy meeting that the Fed has not yet made any decision on the interest rate for September.
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On August 11th local time, the US stock market opened higher, and cryptocurrencies collectively soared.
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