#CPIWatch ⚡ Event of the Day – CPI Report
At 15:30, July’s CPI data will be released, with a forecast of 2.8% — up slightly from last month’s 2.7%. If actual figures remain in the 2.8–2.9% range, markets are expected to react neutrally, with limited short-term volatility in crypto.
🇨🇳 Trade Update: President Trump has extended the U.S. tariff imposition period on China by 90 days, acknowledging China’s vital role as America’s key trading partner and the potential economic risks of high tariffs.
🔹 Ethereum ETF Milestone: On August 11, U.S. Ethereum spot ETFs recorded $1B+ in inflows, their largest single-day net inflow since launch.
🪙 Corporate Bitcoin Accumulation: Metaplanet purchased 518 BTC worth $61.4M, bringing its total holdings to 18,113 BTC (valued at $2.1B+).