In the past hour, total liquidations across the network reached $57.72 million, with $56.19 million from long positions, with $1.53 million from short positions. BTC liquidation $6.81 million, ETH liquidation $16.85 million.

According to Odaily Planet Daily, Bitcoin News reported on the X platform that Block has launched stablecoin integration on CashApp.

According to Huoxun Finance, Federal Reserve Governor Lisa Cook stated in a speech that inflation is heading in the wrong direction and that the Fed is prepared to raise interest rates if this continues. She favors keeping borrowing costs unchanged and expects price growth to cool again, but her remarks align with those of most Fed officials who consider accelerating inflation a major policy concern.

According to Huoxun Finance, Federal Reserve Governor Cook stated that the Fed is closely monitoring downside risks to the labor market.

According to Huoxun Finance, Federal Reserve Governor Cook stated that he is currently paying close attention to changes in inflation expectations.