Let's release two news updates about the crypto world today!

1: Powell will hold a monetary policy press conference at 2:30 AM Beijing time on June 19. This press conference will take place after the Federal Reserve FOMC announces its interest rate decision and economic outlook summary.
The market currently expects the Federal Reserve to keep interest rates unchanged, maintaining stability within the range of 4.25%-4.50%1. Investors will pay attention to Powell's speech for clues about future interest rate policies, especially hints on the possibility of rate cuts later this year. If Powell expresses concerns about slowing economic growth or hints at potential rate cuts and a return to quantitative easing, it could trigger a broad rebound in financial markets1.
2: The conflict between Iran and Israel has caused a deep washout in the cryptocurrency market through the chain of "panic sentiment transmission - forced liquidation of contracts - capital rebalancing."
The sharp decline of mainstream coins and the relative stability of IO coin reflect the market's dual consideration of assets' "hedging properties" and "fundamental solidity" under extreme risk.
Despite the short-term volatility, geopolitical shocks are often temporary, and the long-term trend of cryptocurrencies will still be dominated by technological innovation, adoption, and macroeconomic cycles. Investors need to remain rational amidst risks, seizing structural opportunities through diversified allocation and strict risk control.