Some financial news released on August 13, 2025:

- Ethereum price breaks through $4600: According to interface news, Ethereum's intraday increase exceeded 3%, breaking through $4600, marking the first time since December 2021.
- Trump-nominated Federal Reserve governors support interest rate cuts: According to a report from Wall Street, Stephen Miran, a Federal Reserve governor nominated by Trump, and former St. Louis Fed President James Bullard stated that tariffs would not trigger inflation, aligning with Trump's desire for interest rate cuts. Bullard expects the Federal Open Market Committee to begin cutting rates in September, with a total reduction of one percentage point over the next 12 months.
- The issuance scale of sci-tech innovation bonds exceeds 800 billion yuan: According to Sina News, since the announcement jointly issued by the central bank and the China Securities Regulatory Commission on May 7 to support the issuance of sci-tech innovation bonds, the issuance scale has exceeded 800 billion yuan in just over three months. The vigorous issuance reflects the market demand in four aspects, including the macro demand of the national sci-tech innovation strategy and the urgent financing needs of sci-tech enterprises.
- Bank stocks continue to hit historical highs: According to Dongfang Caifu, on August 12, bank stocks continued to rise, with Agricultural Bank closing up 1.63%, once again reaching a historical high, and its A-share circulation market value reaching 2.19 trillion yuan, once again claiming the title of A-share circulation market value champion. Since the beginning of this year, bank stocks have performed strongly, with stock prices of 42 A-share listed banks all seeing an increase.
- "The first stock of stablecoin" Circle's revenue surged in the second quarter: According to today's news from Toutiao, the American "first stock of stablecoin" Circle released its first financial report after going public before the market opened on August 12. The report shows that its total revenue in the second quarter increased by 53% year-on-year, reaching $658 million, with a USDC circulation of $61.3 billion at the end of the quarter, a year-on-year surge of 90%. After the data was released, Circle's stock price rose nearly 8% in pre-market trading.