According to ChainCatcher, ahead of the inflation data release on Friday, the cryptocurrency market continued to see profit-taking, with Dogecoin and Ripple experiencing significant declines. Traders are closely monitoring the upcoming core personal consumption expenditures (PCE) data, a key indicator of inflation for the Federal Reserve. Despite the uncertainty, inflows into spot ETFs remain stable, with BlackRock's IBIT achieving net inflows for 30 consecutive days. QCP noted a divergence between digital assets and traditional tech stocks; while cryptocurrencies have maintained a solid momentum, the flow of funds into products like the TQQQ Nasdaq ETF has become cautious.

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