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Bitcoin ETFs saw $741M in inflows yesterday, marking the biggest surge in two months amid rising market optimism.Bullish Signals Amid Market VolatilityBitcoin ETFs Gaining Investor Trust
Dogecoin rises nearly 20% to $0.25 as CleanCore buys 500 million DOGE and the first US Dogecoin ETF, now expected next Thursday, drives institutional and retail interest in the meme cryptocurrency.
PUMP’s strong 40% rally shows clear buy-side strength, with bullish signals stacking and smart money support hinting at a retest of its all-time high.
In August, the US CPI rose by 0.4% month-on-month and increased to 2.9% year-on-year, with housing and food being the main drivers. Inflationary pressure is intensifying again. The full report is as follows.
MYX price surged 1,500% in a week before cooling at $17.60. Whales sold, exchanges filled, and RSI divergence flagged weakness. Still, rising Smart Money Index suggests the correction may be only a pullback.
Shiba Inu price is testing a breakout pattern, but profit-taking and bearish signals suggest the move could be a bull trap unless $0.00001351 breaks.
- 07:43Altcoin season index remains near 90-day high, rises to 66 todayBlockBeats News, on September 12, according to Coinmarketcap data, the Altcoin Season Index rose to 66 today, maintaining a near 90-day high, higher than last week's average of 52 and last month's average of 34. This index indicates that in the past 90 days, about 66 out of the top 100 cryptocurrencies by market capitalization have outperformed bitcoin.
- 07:42The "Ironhead Short Whale" continues to reduce holdings of PUMP, with unrealized losses exceeding $26.38 million.BlockBeats News, on September 12, according to HyperInsight monitoring, the "Iron-headed Short Seller" address starting with 0x880ac continued to reduce its maximum short position on PUMP, further decreasing by 17.738 million tokens; over the past 6 hours, a total of 73.387 million tokens have been reduced. The current position is approximately $57.57 million, with an unrealized loss exceeding $26.38 million, and a liquidation price of about $0.0079. Monitoring shows that this address has recently been taking concentrated high-leverage short positions and making frequent minor adjustments in the short term. As of 15:00 today (GMT+8), it has adjusted its PUMP position 13 times, mostly reducing holdings.
- 07:40Kevin Swift: A Weak U.S. Job Market May Prompt the Federal Reserve to Cut Interest RatesAccording to ChainCatcher, citing Golden Ten Data, Kevin Swift, Senior Economist at ICIS Global Chemicals, stated that the latest US CPI report will make the Federal Reserve's interest rate decisions "more challenging." He pointed out that due to a weakening job market, the Federal Reserve may cut interest rates at its September meeting. Although wages in August increased by 3.9% year-on-year, the growth rate is slowing down, which will weaken real income growth and support for consumer spending. Meanwhile, initial jobless claims have risen to their highest level since October 2021. Swift believes this may signal the beginning of increased layoffs and a weakening labor market trend.