In the past hour, total liquidations across the network reached $22.71 million, with $20.60 million from long positions, with $2.11 million from short positions. BTC liquidation $6.77 million, ETH liquidation $8.32 million.

According to OKX market data, BTC has fallen below 66,000 USDT, currently trading at 65,972.1 USDT, a 24-hour drop of 2.72%. (This news item was generated with AI assistance.)

In the past hour, total liquidations across the network reached $22.91 million, with $21.87 million from long positions, with $1.04 million from short positions. BTC liquidation $11.53 million, ETH liquidation $2.96 million.

According to Odaily Planet Daily, the minutes of the Federal Reserve meeting showed that several participants believed further interest rate cuts were more likely if inflation fell as they expected, but most indicated that inflation was likely to progress more slowly than generally predicted. The FOMC decided 10-2 at its January meeting to maintain the benchmark federal funds rate in a range of 3.5%-3.75%. Waller and Milan voted against a 25-basis-point cut. The committee removed wording regarding increased downside risks to employment from the previous three statements. Data released since the Fed's January meeting shows accelerating economic growth, slowing inflation, and a stabilizing labor market. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) rose slightly in January, influenced by lower energy costs. The core CPI (excluding food and energy) rose in line with expectations. (Jinshi)

Odaily Planet Daily reports that the Federal Reserve meeting minutes revealed that several participants indicated they would have supported a two-way statement for future interest rate decisions to reflect that raising rates might be appropriate if inflation persists above the target level. (Golden Ten)