8.13 Market Hotspots:

1. Bitcoin is performing weakly, and it's normal for such a large volume to cool down; we can only wait for the capital to flow back into Ethereum, and there will be speculation on interest rate cuts later;

2. Ethereum's rise like this is the result of institutional buying; the closer it gets to its historical high, the stronger the resistance, and if we are a bit more rational, the subsequent funds will definitely shift to other mainstream currencies;

3. The total market capitalization of cryptocurrencies has surpassed 40,000 Ethereum, with Ethereum reaching a new high of 4,600 USD, setting a new record for the year;

4. The U.S. CPI year-on-year for July, not seasonally adjusted, is 2.7%, with an expectation of 2.80%, which is lower than expected and positive for the market; the core CPI meets expectations;

5. (BMNR) announced today a plan to increase its financing scale by 200 million USD to increase its holdings of Ethereum;

6. The market cap ratio of Bitcoin has hit a new low since February 2025, 7.67% away from last December's new low, while the altcoin index has slightly rebounded;#BTC #ETH突破4600