Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation

[Federal Reserve Meeting Minutes: Majority Likely Oppose Rate Cuts] According to 'Federal Reserve mouthpiece' Nick Timiraos, the Fed meeting minutes indicate that the number of people supporting keeping interest rates unchanged may exceed those advocating for a half-percentage-point rate cut.

[Both U.S. Party Funding Proposals Fail, Government Deeply Trapped in Shutdown Deadlock] Reported by Golden Finance, on Wednesday, the U.S. Senate once again rejected funding bills proposed by both the Republican and Democratic parties, failing to end the government shutdown that has lasted for eight days, with no signs of resolution in sight. In a 54-45 vote, the Senate failed to advance the temporary funding bill led by Republicans, which was originally intended to fund the government until late November. Another alternative funding bill supported by Democrats was also rejected in a 47-52 vote. Three Democratic senators who had previously supported the Republican proposal once again sided with Republicans in Wednesday's vote. Kentucky Republican Senator Rand Paul, however, stood with Democrats again, opposing the Republican proposal. Both competing temporary funding measures have failed to pass in the previous five votes.

OKX-BTC/USDT is currently trading at $124000, with a 5-minute increase of 0.02%. Please be aware of market fluctuations.

[The Federal Reserve's Overnight Reverse Repurchase Agreement (RRP) Usage on Wednesday Reached $5.231 Billion] According to Golden Finance, the Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Wednesday reached $5.231 billion, compared to $4.622 billion on the previous trading day (the lowest since April 2021).

[Binance Updates Proof of Reserves, BTC Reserve Ratio Reaches 103.50%] Binance released the latest proof of reserves (snapshot date: October 1), showing BTC reserve ratio at 103.50%, USDT at 106.87%, ETH at 100.00%, and BNB at 112.44%.