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BNB Breaks ATH update 💥💥
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BNB Breaks All-Time High (ATH) Update 💥 Binance Coin ($BNB BNB) recently broke through its all-time high (ATH), hitting *$864* on August 14, 2025. This surge was driven by a *15% rally in 7 days*, largely due to increased interest and engagement from institutional investors.¹ # Key Highlights - *New ATH*: BNB hit a new ATH of *$864*, with its market cap reaching $119.58 billion. - *Institutional Interest*: Companies like CEA Industries are investing heavily in BNB, with a $160 million acquisition making them the largest BNB treasury holder. - *Price Predictions*: Analyst HashGlobal predicts BNB could hit *$2,000* by the end of 2025. # Market Performance - *Trading Volume*: BNB's 24-hour trading volume jumped by 3.5% to $3.33 billion. - *Technical Outlook*: BNB is trading above its 50-day Moving Average, with an RSI of 62 indicating it's not overbought yet. #BNBBreaksATH $BNB
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Hot July PPI update #HotJulyPPI
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July PPI Update 💥💥 The US Producer Price Index (PPI) for July saw a significant increase, sparking concerns about inflation. Here are the key highlights¹ ² ³: - *PPI Increase*: The PPI jumped 0.9% month-over-month in July, exceeding forecasts of 0.2%. - *Annual PPI*: The annual PPI rose to 3.3%, the highest level since 2022, surpassing expectations of 2.5%. - *Core PPI*: The core PPI, excluding food and energy, also increased by 0.9% month-over-month and 3.7% year-over-year. # Impact and Analysis - *Inflation Concerns*: The hotter-than-expected PPI data has reignited inflation concerns in the US, impacting markets and the outlook for Federal Reserve rate cuts. - *Tariff Impact*: Analysts suggest that President Trump's tariffs are driving up business costs, particularly in sectors like steel, aluminum, and food products. - *Market Reaction*: The PPI report led to a decrease in the likelihood of a 50-basis-point rate cut in September, with markets adjusting their expectations for Fed actions. #HotJulyPPI
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