#CryptoMarketMoves 📊 CRYPTO MARKET WEEKLY DIGEST (September 11)
🚀 Volatility Returns: CPI, ETH Surge, and Key Weekly Events
A brief overview of the most important news and price action following the release of the key US inflation report:
🎯 Price Action and Market Overview
#BTC ($78,750 | -0.8%): Following the CPI data release, Bitcoin tested a 3-week low at $76,000, but bulls quickly regained ground, pushing the price back to the $79,000 range. The market is in a holding pattern ahead of the Fed meeting (September 15–16).
#ETH ($2,610 | +6%): Ether is showing strong rotational momentum, hitting a local 8-month high of $2,660.
Altcoins: Top weekly gainers include
$ZEC ,
$NEAR ,
$DOT , and ICP.
Market Cap: $2.715T | BTC Dominance: 57.1%.
🔥 Top News of the Week
➡️ CLARITY Act Senate Updates: Republican senators introduced new amendments to the bill ahead of the key vote on September 15. The updates address the regulation of non-decentralized DeFi protocols and the rights of credit unions.
➡️ Blockstream Rejects Ransom Demand: The company refused the Liquid Network hackers' demand for a 10% "bonus" in exchange for returning stolen BTC, stating that the incident was theft rather than white-hat hacking.
➡️ Phishing attack impersonating Trezor: The hardware wallet manufacturer warned of a fake email campaign regarding an alleged vulnerability in STM32 microcontrollers.
➡️ Hunter Biden memecoin flop: The LAPTOP token on the Base network crashed 99% within minutes of launch.
⚠️ All eyes are now on the Federal Reserve's interest rate decision next week.