Ethereum $ETH surged over 7% in line US inflation data, with $216 million in the net inflow to spot ETFs on September 11, led by BlackRock $149 million purchase. The rally triggered over $300 million in short Liquidations, lifting $ETH to an 8 month high near $2,665.
August CPI was mixed, headline held at 3.4% YoY as expected, but core rose 0.3% MoM, above forecast.
Bullish for the dollar bearish for gold and BTC, near term. Eyes now on the fed response.
#Altcoin Season#
August CPI was mixed, headline held at 3.4% YoY as expected, but core rose 0.3% MoM, above forecast.
Bullish for the dollar bearish for gold and BTC, near term. Eyes now on the fed response.
#Altcoin Season#
