Penpie (PNP) Fell Below $1, Down More Than 34% In 24 Hours

According to BlockBeats, on September 4, according to market data, Penpie (PNP) fell below $1 and is currently priced at $0.956, a 24-hour drop of 34.9%.

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Penpie (PNP) fell below $1, down more than 34% in 24 hours

U.S. stock futures continue to rise in Asian trading, Japanese stocks open higher

Neiro’s market value exceeded US$400 million, with a 24-hour increase of 41.23%

Bitcoin continues to rise above $62,000

Trump buys burgers with Bitcoin at New York bar

The Hong Kong Monetary Authority cut its base rate by 50 basis points to 5.25%.

In the past 24 hours, the entire network has liquidated $153 million, both long and short positions have exploded

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Yesterday, Grayscale GBTC had a net outflow of US$8.1 million and ETHE had a net outflow of US$14.7 million

The three major U.S. stock indices and spot gold have completely given up the gains after the announcement of the interest rate decision

Powell: Not declaring victory on inflation

Powell: The labor market is in good shape and we hope it will stay that way

Powell: No rush to take action, the pace of interest rate cuts can be accelerated or slowed down depending on the situation

Powell: If the economy remains solid and inflation remains stubborn, the Fed may adjust policy more slowly

Spot gold hits $2,600, a record high

Powell: The overall US economy is strong, and a 50BP rate cut depends on confidence in the labor market

U.S. interest rate futures suggest the Fed will cut rates by 76 basis points by the end of 2024

Bitcoin falls back below $60,000 briefly

FOMC statement: Confidence in inflation has increased and is continuing to move toward 2%

Fed dot plot: median forecast for federal funds rate drops to 3.5% by the end of 2025

The Federal Reserve cut interest rates by 50 basis points, starting a cycle of interest rate cuts

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