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On September 18, 2024, Federal Reserve Chair Jerome Powell held a press conference to announce that the Fed had lowered interest rates by half a percentage point. This move was expected to stimulate the economy and boost growth. Powell discussed the reasons behind the decision and the potential impact it would have on the economy, including inflation and job growth. The live coverage of the event garnered widespread attention from investors and financial analysts.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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