In the past hour, total liquidations across the network reached $12.69 million, with $10.60 million from long positions, with $2.10 million from short positions. BTC liquidation $761,316.77, ETH liquidation $2.53 million.

Odaily Planet Daily reports that spot silver plunged 20.00% intraday, marking its biggest single-day drop since 2008, currently trading at $92.19 per ounce. Spot gold also declined, falling below $4,900 per ounce, a nearly 9% drop for the day. (Jinshi)

In the past hour, total liquidations across the network reached $10.12 million, with $7.24 million from long positions, with $2.89 million from short positions. BTC liquidation $1.97 million, ETH liquidation $4.38 million.

Huoxun Finance reported on January 30th that, according to Jinshi, White House National Economic Council Director Hassett stated that market interest rates should be lowered accordingly, given the declining fiscal deficit. He also criticized the Federal Reserve for not cutting interest rates this week, calling it a mistake, and pointed out that inflation is nearing its target level. Hassett emphasized that the government's responsibility is to create a more favorable policy environment for the Federal Reserve and expressed confidence in achieving high economic growth in the US under low inflation conditions. Furthermore, Hassett expressed high respect for Federal Reserve Chairman nominee Warsh, stating that the White House is confident that Warsh's nomination will be quickly confirmed. Although he himself was not nominated for Federal Reserve Chairman, he was not disappointed.

According to Huoxun Finance on January 30th, CoinAnk data shows that in the past 24 hours, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $1.228 billion, including $1.125 billion in long positions and $103 million in short positions. The total liquidation amount for BTC was $557 million, and for ETH it was $287 million.