August CPI came in at 3.4% YoY, with core CPI easing to its lowest since March 2021 — yet markets are pricing ~90% odds of a Fed rate hike next week 📊. BTC briefly dipped to $76K before rebounding above $79K, while ETH surged ~7% as short sellers got liquidated. BNB broke through $720 resistance to hit $733, fueled by BNB Chain leading tokenized Treasuries and a growing stablecoin user base 🦞. The upcoming US Clarity Act Senate vote on Sept 15 adds another layer of uncertainty, with a 60-vote threshold that could reshape DeFi regulation. Crypto stocks like MSTR and COIN rallied despite the hawkish rate outlook, signaling resilient institutional demand 📈.
