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🇺🇸Fed Chairman Jerome Powell — We may see inflation come in lower than expected, in which case it would be appropriate to cut rates. ➡️Most Fed members believe a rate cut would be appropriate this year. The weakening labor market also speaks in favor of a faster rate cut, he added.$ETH

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"The New Jace Wynn" Loses $12.5 Million, Opens New Trade with 20x Leverage A trader named AguilaTrades, who was previously called "the new James Wynn" due to his risky trading style with large positions, suffered a loss of $12.5 million, closing an unsuccessful long position on BTC. Despite this, he opened a new short position on BTC with 20x leverage, but for a smaller amount. The margin amounted to $43,892, and the total trade size was about $877,855. $BTC

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$200M Liquidated in One Order! According to Coinglass, a major trader was liquidated for over $200 million in one order on the Binance cryptocurrency exchange last night. He was long BTC/USDT. $BTC

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Crypto Market Slumps Amid Iran-Israel Conflict This night, Israel attacked Iran's nuclear program facilities — according to media reports, about 300 strikes were carried out. In response, Iran launched more than 100 drones and promised "harsh retaliation." Amid the escalation, investors are fleeing to a "safe haven" — gold and oil are growing steadily. But crypto has slumped: BTC fell to $102,000, ETH — to almost $2,400. $ETH $BTC

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A major internet outage affected Spotify, Google, Discord, Twitch, Cursor, as well as cloud services Cloudflare, AWS, and Firebase.$ETH

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