Market Highlights
The Federal Reserve has maintained interest rates for the third consecutive time and pointed out that inflation and unemployment risks are increasing, while economic outlook uncertainty is rising. Powell emphasized that despite external pressures, the Federal Reserve's policy remains independent, and there is no urgency to adjust interest rates at this time. Meanwhile, Eric Trump strongly supports Bitcoin at the Token2049 conference and reveals that the Trump family are all holders, claiming that the new project World Liberty aims to "take over the financial world." On the technical front, Ethereum successfully completed the Pectra upgrade, introducing several key improvements, among which the EIP-7702 account abstraction scheme stands out, promising to revolutionize wallet functionality and user experience.
