Last Night’s Crypto Highlights — Catch up fast

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🚨 Last Night’s Crypto Highlights — Catch up fast:👇

1⃣ Market cool-off — Total crypto mcap down 3.9% in 24h; US stock indexes flat. FOMO fading — maybe healthy?

2⃣ US July PPI > expectations — Rate-cut bets soften, but Fed Sept -25bps odds still 92.5%. Some say PPI was just “big whales’ portfolio shuffle” cover story.

3⃣ US Treasury Sec Bessent: Won’t buy BTC directly, seized BTC to be held as strategic reserve; exploring “budget-neutral” ways to acquire more.

4⃣ Lido ETH stake share falls to 24.4% ATH-low; but $LDO up 56% in a week.

5⃣ $BNB ATH — Hits $865, mcap $116.4B; now up 310% from cycle lows.

6⃣ $ADA hits $1 — Surge likely fueled by institutional buys + RWA narrative momentum.

7⃣ $WLFI FOMO — OTC price near $0.30; Justin Sun previously bought $45M at ~$0.01125.

8⃣ Macro voices:

— Yi Lihua: Every bull-market dip is an add opportunity — just avoid high leverage.
— Tom Lee: PPI is “a nothingburger” — every dip since end-2022 was a buy.

9⃣ SEC delays Solana ETF decisions (Bitwise + 21Shares) to Oct 16.

🔟 AI market view:

— BTC at new highs but capped at $120K–$123K.
— ETH still strong; sentiment high.
— Alts mixed — pump fast, dump fast.
— Overall mood: cautious optimism.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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