News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Defying Market Turbulence: World's Largest Corporate Bitcoin Holder Buys More Amid Unprecedented Volatility
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
- 16:28The 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.
- 16:28Powell: Stripping the Federal Reserve of the power to pay interest would complicate interest rate controlChainCatcher news, according to Golden Ten Data, Federal Reserve Chairman Powell stated that depriving the Federal Reserve of the power to pay interest would make interest rate control extremely complicated.