US Treasury Secretary: Fiscal announcement likely to be released this weekend or early next week.

Coinbase CEO Brian Armstrong told FOX Business in an interview, "I think in the coming years, such as by 2030, we could very likely see Bitcoin reach $300,000 and $400,000."

According to market data from BIT (bit.com), the Nasdaq fell by 1%, the Dow Jones dropped 0.8%, and the S&P 500 declined 0.4%.

According to official announcements, on-chain reputation protocol Ethos Network has announced that it will launch a WHUF token auction on September 1, with plans to sell 20% of the token’s total supply. The auction features an 85% price protection mechanism, an initial fully diluted valuation (FDV) of $1 million, and a maximum valuation cap of $99 million. Additionally, Ethos will offer extra rewards for contributor XP and referrer participants. Users can complete registration in advance to join the WHUF token auction and related incentive activities.

Bitcoin (BTC) may be approaching a "golden cross" formation, a technical analysis pattern generally regarded as a long-term bullish momentum signal. The pattern will be officially confirmed if Bitcoin continues its upward trend by breaking above the 50-day simple moving average (SMA), and also surpassing the current 200-day SMA of $69,005. This potential cross emerges as Bitcoin’s price has climbed to $71,000, having rallied over 12% in the past week, and currently trades slightly above its 200-day SMA. The 200-day SMA, which reflects Bitcoin’s average closing price over the past 200 trading days, is widely used to gauge long-term market trends. If Bitcoin remains above this moving average, it typically signals a potential shift from a bear market to a bull market; conversely, a break below the 200-day SMA would send the opposite signal.

Federal Reserve official Musalem stated that raising interest rates now could help avoid more aggressive monetary policy actions in the future.

US Treasury Secretary Bessent stated that regarding US Treasuries, the administration will monitor the situation and assess whether additional actions are necessary. We need to focus on fundamentals, and we are working to maintain market balance. Any movements in bond markets within a 24-hour window are noise.