In the past hour, total liquidations across the network reached $12.17 million, with $10.14 million from long positions, with $2.03 million from short positions. BTC liquidation $2.37 million, ETH liquidation $3.42 million.

According to Huoxun Finance, on January 31, OKX market data shows that BTC has just broken through $84,000 and is currently trading at $84,143.00 per coin, a daily increase of 1.52%.

According to Adam Button, an analyst at the financial website InvestingLive, the precious metals feast is now over, and arguably unprecedented. Regarding gold, he finds it hard to imagine its price falling below $4,000. If it does drop to that level, he believes some well-funded investors will step in, but he won't comment before then. For holders? This is a tricky situation. Market conditions could improve rapidly or become highly volatile, and making panicked decisions on Friday night is unwise. Will we see a further sell-off similar to "Black Monday"? Personally, he thinks it's unlikely unless there's some trigger beyond the Iran deal.

Odaily Planet Daily reports that Federal Reserve Chairman Mohamed Mussaleem said on Friday that he is reluctant to support further interest rate cuts given that inflation has remained above the Fed's 2% target. Mussaleem stated that he agrees with the Fed's decision this week to keep interest rates unchanged, and believes that at a rate of 3.5% to 3.75%, the Fed's target rate is no longer high enough to significantly dampen the economy. Continued price increases should prevent the Fed from lowering rates to support the economy. Mussaleem said, "Given that inflation is above target and the risks to the economic outlook are broadly balanced, I don't think it's appropriate to lower interest rates into an accommodative range at this time." Mussaleem also pointed out that attempting to alleviate labor market pressures by lowering short-term interest rates controlled by the Fed could backfire. He said such a move could trigger concerns about future inflation and push up long-term interest rates, which are a key factor determining mortgage costs and business borrowing costs.

In the past hour, total liquidations across the network reached $117.93 million, with $71.50 million from long positions, with $46.43 million from short positions. BTC liquidation $39.69 million, ETH liquidation $67.89 million.