The EU has elevated the leading dollar stablecoin to a “significant e-money token,” bringing it under dual oversight starting November 12. It has secured a compliant status ahead of the pack.
The Fed’s Beige Book was released at the same time: prices rose moderately in 8 of the 12 districts, while increases accelerated in 4, as high oil prices fed through. $BTC slid to $81,646 in the early hours, down 2.15% over 24 hours, with total market capitalization shedding 4.9% overnight.
Goolsbee weighed in that same evening, saying September’s 3.7% year-over-year rise in consumer prices was higher than expected and disappointing, but that more data was needed before raising rates. The odds of a rate hike at the October meeting climbed from 22% to 40%, then fell back to 33%.
Meanwhile, the White House crypto advisory council is effectively defunct: its executive director’s secondment has ended, and progress in the Senate has stalled. In early trading, $BTC is testing whether it can hold $81,000; if it breaks below $80,000, the slide could continue.
#USDC升格MiCA #美联储褐皮书油价传导 #Morning Market
The Fed’s Beige Book was released at the same time: prices rose moderately in 8 of the 12 districts, while increases accelerated in 4, as high oil prices fed through. $BTC slid to $81,646 in the early hours, down 2.15% over 24 hours, with total market capitalization shedding 4.9% overnight.
Goolsbee weighed in that same evening, saying September’s 3.7% year-over-year rise in consumer prices was higher than expected and disappointing, but that more data was needed before raising rates. The odds of a rate hike at the October meeting climbed from 22% to 40%, then fell back to 33%.
Meanwhile, the White House crypto advisory council is effectively defunct: its executive director’s secondment has ended, and progress in the Senate has stalled. In early trading, $BTC is testing whether it can hold $81,000; if it breaks below $80,000, the slide could continue.
#USDC升格MiCA #美联储褐皮书油价传导 #Morning Market
