Brief crypto market update for today:

• $BTC slid ~0.8% to ~$111,700 over the past 24 hrs. 

• $ETH dropped ~4.3%. 

• The market saw large liquidations — many leveraged positions were forced to close. 

• Investors are watching upcoming inflation data (PCE) closely, as it could influence Fed’s next moves. 

• Regulation news: SEC eased rules for cryptocurrency ETF approvals, which could open the doors for more ETF launches in October.

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