Market remained rangebound after the CPI print but has been rallying as Asia opens. As of now, $BTC is trading at $115,490 and $ETH at $4,458, with Bitcoin dominance at 58.31%.
U.S. consumer prices rose 0.4% from July and 2.9% YoY, marking the highest annual inflation since January. Core inflation (excluding food and energy) held steady at 3.1% annually, while monthly core CPI increased 0.3%, driven largely by shelter, used cars, apparel, and airline fares.
A few other headlines include: Forward Industries closing a $1.65 billion private placement to advance its Solana treasury strategy, Upbit listing $PUMP and $HOLO, and BlackRock working on tokenizing funds tied to real-world assets (see below).
During the last 24 hours, the top three gainers were $HNT, $ETHFI, and $PENDLE, while the top three losers were $MYX, $FORM, and $WLD.
