Even CZ was amazed! During Solana’s China tour in Shanghai, they put on a light show across the entire exterior of the Citigroup Tower in Lujiazui that night. Guys, is the ban back home starting to ease up? Even CZ was surprised! $SOL $BNB
The U.S. September CPI data released last night came in far above expectations, sending Bitcoin down about 2%. September CPI rose to 3.7% year over year, while core CPI was 2.6%; both were higher than expected. After the data was released, Bitcoin fell from around $83,800 to approximately $81,500–$82,000, a drop of 1.5%–2%. The probability of a Fed rate hike in October rose to nearly 50%. The dollar strengthened and Treasury yields climbed, pushing up real interest rates and weighing on risk assets broadly. Persistent core inflation has fueled market concerns that the high-interest-rate period may last longer, while Bitcoin remains under short-term pressure from tightening macro liquidity. $BTC $SNDK