#CPIWatch ⚡️Event of the Day: CPI Report
Today at 15:30, CPI data will be published, showing the inflation rate for July. The current forecast is 2.8%, which is 0.1% higher than the previous month. If inflation remains within the 2.8-2.9% range, the crypto market reaction is expected to be neutral.
🇨🇳Trump officially extended the tariff imposition period on China by 90 days. Trump understands that China is the main trading partner of the USA and high tariffs could cause major problems.
🔹On August 11, American Ethereum spot ETFs recorded an inflow of over $1 billion, marking the largest single-day net inflow since launch.
🪙Metaplanet bought 518 BTC worth $61.4 million; the company now holds 18,113 BTC valued at over $2.1 billion.
#CPIWatch #ETH4500Next? #Whale.Alert #altcoins #BinanceAlphaAlert