🔥 Crypto market highlights last night – Quick update:
1⃣ Markets cool down – Total crypto market Capital down 3.9% in 24 hours; US stocks flat. FOMO is cooling down – could it be a healthy sign?
2⃣ US PPI in July beat expectations – Rate cut expectations cooled, but the probability of a 0.25% Fed cut in September remained at 92.5%. Some say the PPI data is just a “cover story” for the sharks to flip their portfolios.
3⃣ US Treasury Secretary Bessent : No direct BTC purchase, confiscated BTC will be kept as strategic reserves; looking for “no budget” ways to buy more.
4⃣ Lido's ETH Staking market share drops to 24.4% - a record low, but the price $LDO increases 56% in a week.
5⃣ $ BNB hits historic peak – Touches $865, Capital $116.4 billion; up 310% from cycle Dip .
6⃣ $ ADA hits $1 – Upside could be driven by institutional money + Real World Assets (RWA) trend.
7⃣ $WLFI causes FOMO – OTC price near $0.30; previously Justin Sun bought $45 million at ~$0.01125.
8⃣ Macro perspective:
— Yi Lihua: “Every dip in a bull market is a buying opportunity – just avoid high leverage.”
— Tom Lee: “PPI is nothing big – any correction from late 2022 is a buying opportunity.”
9⃣ SEC postpones Solana ETF decision (Bitwise + 21Shares) to October 16.
🔟 AI perspective on the market:
— BTC hits new high but is blocked at $120,000–$123,000.
— ETH still strong, sentiment positive.
— Fast moving Altcoin – fast pump, fast Dump .
— General mood: cautious optimism .
