The Federal Reserve lowered the benchmark interest rate by 0.25% at its last FOMC meeting, marking the third consecutive reduction. Fed Chairman Jerome Powell indicated a cautious approach to future rate cuts, emphasizing a focus on employment stability amidst rising economic uncertainties.

Bitcoin surged $3,000 in just two hours without any particular catalyst, raising suspicions of market manipulation. As a large-scale purchase by market maker Wintermute and simultaneous liquidation of both long and short positions occurred, some investors pointed to this as a classic case of 'Liquidity Hunting'.
During U.S. trading hours on the 9th, Bitcoin rose from around $91,000 to $94,000.

South Korea’s stock market opened strong, driven by foreign buying, with the KOSPI index rising to 4,152.49 points. Performance varied across sectors, with chemical and machinery equipment industries rising, while textile and pharmaceutical industries declined. The KOSDAQ index fell as individual investors were net buyers, but foreigners and institutions sold, showing a clear wait-and-see attitude in the overall market. In terms of exchange rates, the Korean won slightly depreciated against the US dollar.