Encryption Daily Report * Important information not to be missed every day * September 18, 2025

1. The 25 basis points have arrived as expected. Let's take a look at what Powell said last night about the Federal Reserve's interest rate cut:
Announced a 25 basis point rate cut, with only Milan casting a dissenting vote in support of a 50 basis point cut;
Powell stated: The labor market risks are tilted to the downside, and this interest rate cut can be understood as a risk management-style rate cut;