In the past hour, total liquidations across the network reached $21.87 million, with $18.44 million from long positions, with $3.44 million from short positions. BTC liquidation $6.21 million, ETH liquidation $7.47 million.

Odaily Planet Daily reports that Chris Grisanti, Chief Market Strategist at MAI Capital Management in New York, commented on the Federal Reserve's interest rate decision: "The initial reaction was no surprise; rates were lowered as expected. But when you look ahead, you see a lot of uncertainty. As we move from today's rate cuts to 2026, the tailwind effect of these cuts will no longer be as reliable. This could become a problem. Further, with the Fed's revised wording emphasizing the uncertainty surrounding the 'magnitude and timing' of future rate cuts, the Fed is essentially sending a signal to the market: don't take rate cuts for granted. In my view, this means we will only see more rate cuts if the economy slows significantly. As a stock investor, I hope there won't be any rate cuts in 2026, because that would mean the economy is weakening. I would rather have a robust economy than more rate cuts." (Jinshi)

Odaily Planet Daily reports that U.S. stocks closed Wednesday with the Dow Jones Industrial Average up 1.05%, the S&P 500 up 0.68%, and the Nasdaq Composite up 0.3%. Bank stocks rallied, with Goldman Sachs (GS.N) up 1.4%, JPMorgan Chase (JPM.N) up 3%, and Citigroup (CN) up 1.5%. The Nasdaq China Golden Dragon Index rose 0.65%, with Alibaba (BABA.N) up nearly 2% and Huya (HUYA.N) up nearly 7%. (Jinshi)

Odaily Planet Daily reports: US President Trump: The Federal Reserve should lower interest rates to the lowest level in the world. (Golden Ten)

According to Huoxun Finance, on December 11, OKX market data shows that BTC has just broken through $94,000 and is currently trading at $94,003.00 per coin, with a daily increase of 2.10%.