CryptoQuant分析师：本轮牛市很可能在2025年Q1或最迟Q2达到周期性高峰

The Hang Seng Index futures closed down 1.5% at 23,609 points in overnight trading, with a low of 297 points.

Fed Governor Barr will speak in ten minutes on "small business lending".

President Trump: Many countries may be granted tariff exemptions.

Cryptocurrency exchange Kraken is exploring debt financing of up to $1 billion.

President Trump: Additional tariffs on goods such as cars, lumber, and chips will be announced in the coming days.

On March 25, Atlanta Federal Reserve President Bostic said in an interview that he now expects only one interest rate cut this year. This is lower than the two rate cuts he had previously expected. Bostic said he changed his forecast because he thought inflation would be "very bumpy" this year. He also said that businesses are starting to expect inflation to rise.

Federal Reserve Bostic: I hope that the current reduction of the balance sheet will be maintained until the reduction of the balance sheet is completely stopped. To ensure that the Federal Reserve does not go too far, it is appropriate to slow the pace of balance sheet reduction.

According to mempool data, two hours ago, an independent bitcoin miner successfully packaged block 889,240 and received a reward of 3.294 BTC blocks, which is about $289,000.

Federal Reserve Bostic: Only one interest rate cut is expected this year, and inflation is expected to be very bumpy.

On March 25, according to the TASS news agency, Russian Presidential Press Secretary Peskov said in response to media questions on the 24th that the Russian and US delegations have no plans to sign any documents after the talks held in Riyadh, the capital of Saudi Arabia that day.

On March 25th, local time on the 24th, US President Trump expressed the hope that the Federal Reserve would lower interest rates. On the 19th of this month, the Federal Reserve ended its two-day monetary policy meeting and announced that it would maintain the target range for the federal funds rate at 4.25% to 4.50%. This decision caused dissatisfaction with US President Trump. Trump tweeted on social media that the Federal Reserve would better cut interest rates because the impact of US tariffs...

President Trump: An agreement on rare earths will be signed soon.