PANews reported on February 4th that, according to CoinGecko market data, Moonbird (BIRB) rose approximately 6.2% in the past 24 hours, with spot trading activity continuing to rise. Liquidity in mainstream CEXs has become more concentrated, and the Gate BIRB/USDT trading pair has consistently ranked among the top three in terms of 24-hour trading volume, with stable order book depth and matching efficiency.



Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more