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The probability of the Fed cutting rates by 25 basis points in December is 71%.
Jito Labs earned $78.90 million in fees in October, double the record figure in May
Pro-cryptocurrency Republicans win House seats, but majority control remains to be determined
Detroit will become the largest city in the United States to accept cryptocurrencies for taxes, fees, and other expenses
U.S. money market fund assets rise to $6.59 trillion, record high
Analysts: Interest rate cuts are driving improvement in the U.S. domestic economy
Fidelity International: Market expectations for the Federal Reserve's final interest rate may be too low
Agencies: The Federal Reserve's expectations for future interest rate cuts are being greatly reduced
The three major U.S. stock indexes closed mixed
Agencies: Powell offers little new guidance on rate cuts
BTC briefly rose to $76,849, setting a new high
Spot gold rose by $50 during the day, now reported at $2709.01/ounce, an increase of 1.88%.
Spot silver expanded its intraday gain to 3.00% and is now trading at $32.10 an ounce.
Ethereum stood at $2,900/piece, up 6.56% on the day.
The dollar against the yen USD/JPY fell by 1.00% during the day and is now trading at 152.76.
Powell: As interest rates approach neutral, it may be necessary to slow the pace of rate cuts
Federal Reserve Chairperson Jerome Powell said that as interest rates approach neutral, it may be necessary to slow the pace of rate cuts.
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