香港金管局将基准利率下调 50 个基点至 5.25%

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The Hong Kong Monetary Authority will lower the benchmark interest rate by 50 basis points to 5.25%. Previously, the Federal Reserve announced a 50-basis-point rate cut in the early morning.

Odaily Planet Daily Report: In a report, Seema Shah, Chief Global Strategist at Principal Global Investors, said that while some may think the Federal Reserve will cut rates by 50 basis points this week, history shows a 25 basis point cut is more likely. "A 25 basis point rate cut has been the norm since the late 1980s, with 50 basis point cuts being the exception." She said only two rate cut cycles started with more than a 25 basis point cut: in January 2001 during the internet bubble, and in September 2007 during the subprime crisis. These were exceptional periods characterized by concerns over severe asset price bubbles and systemic financial risks. (Jinshi)

Xinan Asset Management: History shows that the Fed is more likely to cut interest rates by 25 basis points

- The Federal Reserve has lowered interest rates by 0.5%.
- Market participants have mixed views on whether this larger-than-usual rate cut is good news.
It has finally happened: interest rates in the United States are declining.
Federal Reserve Chairman Jerome Powell announced on Wednesday that the nation's central bank will lower interest rates by 0.5%, putting them in the range of 4.75% to 5%.
Bitcoin rose 0.5 percentage points, reaching $60,500, while other major crypto assets such as Ethereum and Solana remained stable.
High interest rates make the cost of borrowing money higher and encourage investors to purchase risk-free government bonds to earn.

What does the Fed’s 0.5% rate cut mean for crypto assets?

But no matter how panicked the market sentiment, the "Bitcoin ecosystem" is still the most popular.

Written by: Joyce

After experiencing another round of major market turmoil, with the rebound in Bitcoin prices, the overall market panic sentiment has weakened considerably.

Accompanied by the repeated collapse of Altcoins, from the questioning of "Is the Altcoin bull market still there?" to the voices of various professional investors withdrawing, the past one or two months have been shrouded in gloom for the cryptocurrency market outside of Bitcoin.

But no matter how panicked the market sentiment, when asked which track is the most optimistic about the upcoming market, the "Bitcoin ecosystem" is still the most popular.

Especially recently, the...