Federal Reserve Chairman Powell delivered a speech: A small number of banks are in serious trouble. If isolated bank problems are not resolved, it may threaten the entire banking system.

The Federal Reserve, the Treasury Department, and the Federal Deposit Insurance Corporation have already taken decisive action. Our lending programs have effectively met the needs of banks and have shown that there is ample liquidity available. We will continue to monitor the situation closely and are ready to use all tools to ensure the safety and soundness of the banking system. (Jinshi) #bitcoindifficulty #cryptotrading #Binance #Web3