Fed Chair Powell: The Fed is abandoning its 2020 flexible average inflation targeting framework. We cannot take stable inflation expectations for granted. The impact of tariffs on consumer prices is now clearly evident. Uncertain estimates that employment may exceed its maximum sustainable level do not necessarily warrant policy tightening. If a tight labor market risks price stability, preemptive action may be needed.



Influenced by Powell's remarks, BTC surged over 3% in a short period, while ETH jumped more than 7%. According to Coinglass data, over the past hour, total liquidations across the crypto market exceeded $200 million, including $180 million in short positions, with ETH liquidations topping $110 million. —
#Token of Love: Cheer on Square & Win Tickets#
#Crypto Market Rebound#
#FOMC July Minutes#
#pi#
#eth#
PROMPT-16.93%
XRP-4.94%
GT-2.93%
ETH-8.48%
BTC-3.22%
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