According to TokenGazer data analysis, as of 17:30 on August 19, the BTC price is $10,718.58, the market value is $191,108.9M; the mainstream exchange 24H BTC transaction volume is about $826.19M; the computing power has declined; the active address number has The market value ratio is currently about 68.7%, which tends to be stable; the block time has increased to about 11.5 minutes. On the exchange side, BTC/USD Coinbase continued to be in a negative premium for BTC/USD Bitfinex, but the situation has improved. In the macro market, BAKKT failed to bring enthusiasm to the market. Investors need to pay close attention to the Fed's interest rate cuts. For example, further interest rate cuts will help weaken the US dollar, reduce short-term recession concerns, and further stimulate asset prices, which is extremely beneficial to the digital currency macro; The Fed maintains a neutral monetary policy, the market faces a large economic uncertainty, risk appetite may be reduced, and the US debt ceiling agreement may further lead to a decrease in market liquidity, investors should be cautious in investing.