News

The yield on the two-year German bund rose by 2.0 basis points to 2.607%. After the debut of Federal Reserve Chairman Kevin Walsh, it gapped up to 2.827% before quickly retracing to 2.619%, spending most of the day trading near that level. The yield on the 30-year German bund fell by 1.3 basis points to 3.468%, remaining stable at this level after opening lower with a gap. The spread between the 2-year and 10-year German bund yields narrowed by 1.935 basis points to +32.060 basis points, and plunged to +24.881 basis points at 14:27 (UTC+8).

According to ChainCatcher, analyst Alicharts analyzed the Ethereum 1-hour candlestick chart and found that Ethereum has broken below the previous upward channel's lower boundary, with the next support level at $1,580.

The movement of the company's stock price proves that even the largest initial public offering (IPO) in history cannot avoid the price volatility commonly seen after major companies go public. Expand