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1Bitget Daily Digest(8.13)｜US Treasury Secretary Besant Recommends 50 Basis Point Rate Cut in September; ETH Breaks Through $4,600, Foundation-Linked Address Sells ETH at Average Price of $4,602.12Ether May Approach $8,656 If Bitcoin Reaches $150,000, Analysts Suggest3Ethereum Price Today Surpasses $4,5, and Futures Interest Hits Record High
Bitcoin Nears $123K as Ethereum Reaches 2021 Price Levels
Cryptotale·2025/08/10 23:08
3 Altcoins That Could Hit All-Time Highs in The Second Week Of August 2025
These three altcoins are showing strong momentum in August 2025, with each altcoin close to their ATHs and eyeing potential breakouts.
BeInCrypto·2025/08/10 23:00
LayerZero Proposes $110 Million Stargate Buyout: Here’s What You Need to Know
LayerZero’s $110 million proposal to absorb Stargate and retire STG tokens could reshape governance, tokenomics, and the future of multi-token models—while igniting immediate market reactions.
BeInCrypto·2025/08/10 22:36
Ethereum Shorts Liquidated as ETH Surges Past $4,000
Coinlive·2025/08/10 21:40
Ethereum Surges Past $4.2K, $200 Million Liquidated
Coinlive·2025/08/10 21:40
Arthur Hayes Repurchases ETH Amid Market Surge
Coinlive·2025/08/10 21:40
Pi Network’s Price Surge: Market Shift Analysis
Coinlive·2025/08/10 21:40
Ethereum Surpasses $4,200, Crypto Market Expands Significantly
Coinlive·2025/08/10 21:40
Crypto Tokens vs. Crypto Coins: What is the Difference, and Which One is Better?
Coindoo·2025/08/10 21:15
Solana Price Outlook for Next Week: What to Expect
Coindoo·2025/08/10 21:15
Flash
- 16:21Spot gold falls below $3,330 per ounce, down 0.77% on the dayAccording to Jinse Finance, spot gold has fallen below $3,330 per ounce for the first time since August 1, down 0.77% on the day.
- 16:19US mortgage rates fall to their lowest level since October last yearAccording to a report by Jinse Finance, U.S. mortgage rates have declined for the fourth consecutive week, reaching their lowest point since October of last year. Freddie Mac stated in a release that the average rate for a 30-year fixed mortgage is now 6.58%, down from 6.63% last week. A rate cut by the Federal Reserve does not guarantee a significant reduction in borrowing costs for homebuyers. These indicators often follow the movement of the 10-year U.S. Treasury yield, which is influenced by traders’ reactions to various economic reports. Zillow Home Loans senior economist Karla Wu noted, “Any further signs of tariffs filtering into prices could limit the Fed’s flexibility. The recent drop in mortgage rates may attract some buyers, but many remain on the sidelines as affordability continues to be a serious barrier. This year, the number of sellers returning to the market has outpaced buyers, but the reality they face is that homes for sale are slow to come to market, and the number of qualified buyers is also decreasing.”
- 16:07Fed's Musalem: It Is Too Early to Decide on September Rate DecisionAccording to ChainCatcher, citing Jinshi Data, Federal Reserve official Musalem stated that it is still too early to decide whether to cut interest rates at next month's meeting. When asked if there was any reason to cut rates by 50 basis points next month, Musalem said that from his perspective, this would "not be supported by the current economic conditions and outlook." Musalem noted that on one hand, "the data is starting to give us some indications as to whether there is a possibility of persistent inflation." At the same time, he mentioned "downside risks in the labor market." Musalem stated that the slowdown in U.S. economic growth, combined with the pressure tariffs are putting on corporate profit margins, could threaten the labor market, which has performed well so far. He said, "I am weighing these two factors, and when we see tension between our two objectives, we need to adopt a balanced approach."