Ethereum Withdrawal Trend Continues, with a CEX Net Outflow of 6844.49 ETH in the Last 24 Hours

On September 27th, according to HTX market data, Ethereum has experienced a rebound and exceeded $4000, with a 24-hour percentage change of 2.87%.

On September 27th, based on HTX market data, Bitcoin experienced a rebound and exceeded $110,000, registering a 24-hour gain of 0.02%.

On September 27th, Federal Reserve Governor Bowman stated in a discussion regarding monetary policy decision-making approaches: If the current conditions continue, it will be necessary in the future to adjust policies at a faster pace and with a greater magnitude. He strongly advocates that the Fed only holds Treasuries. The Fed's FOMC should now take decisive and proactive actions to address the weakening labor market dynamics and emerging signs of fragility, and it is appropriate to ignore the one-time impact of tariffs. (Oriental Fortune Network)

On September 27th, DoubleZero, Solana's custom fiber optic network, announced that its mainnet will become live on October 2nd and will deploy the 2Z token. DoubleZero optimizes data transmission by means of hardware multicast, enabling Solana to enhance the speed of transaction inclusion and further improve network scalability and fairness. Previously reported by BlockBeats, on March 6th, the DoubleZero Foundation raised $28 million in its latest funding round, with a valuation of $4 billion. Currently, it is seeking more investment with a valuation of $6 billion. This funding round was led by Dragonfly and Multicoin Capital.

On September 27th, the Transaction Information Platform Kobeissi Letter released data indicating that currently, the top 10% of stocks with the largest market capitalization in the United States account for 78% of the total market capitalization of the U.S. stock market, reaching a historical high. This ratio is 3 percentage points higher than the previous record high in the 1930s and is also higher than the peak during the 2000 Internet bubble period when the ratio was 74%. In contrast, in the 1980s, the total weight of the top 10% of market-capped companies was less than 50%. At the same time, the top 10 stocks accounted for a record 41% of the market capitalization of the S&P 500 Index, making the market more concentrated than ever before.

On September 27th, according to the U.S. Department of Labor's operational contingency plan issued earlier this year, in the event of a federal government shutdown, the September employment report that was scheduled to be released next Friday will be postponed. The specific impact of the current government shutdown is still uncertain as most government agencies, including the Bureau of Labor Statistics which is responsible for compiling the monthly employment report, have not publicly updated their contingency plans. If Congress fails to pass a spending bill by next Tuesday, these agencies will operate in accordance with the contingency plan. A plan updated by the Department of Labor in March of last year indicates that once a shutdown takes place, all data collection and planned data releases will be suspended. If the government shutdown persists and the labor statistics bureau's data releases are delayed, it will lead to the Federal Reserve lacking several key employment and inflatio