OKX-SUI's current price is $3.50, with a 24-hour increase of 11.11%. 24-hour transaction volume of 3.3 billion US dollars, up 27.1%, for reference only
Inflation at the wholesale level came in faster than forecast last month in another disappointment to investors and policymakers hoping for cooling price pressures.The Producer Price Index (PPI) rose 0.4% in January versus economist forecasts for 0.3% and 0.2% in December. On a year-over-year basis, PPI was higher by 3.5% against estimates for 3.2% and 3.3% in December.See all newslettersCore PPI, which excludes food and energy components, rose 0.3% in January versus forecasts for 0.3% and 0% in December. Core PPI year-over-year was higher by 3.6% versus estimates for 3.3% and 3.5% in December.Under pressure once again this morning ahead of new Trump tariff announcements promised for later today, the price of bitcoin (BTC) fell a bit more following the data to around $95,800.Normally not too widely followed, today's PPI figures took on more import coming one day after markets were surprised by Consumer Price Index (CPI) data for January that came in far stronger than estimates. Testifying before Congress yesterday following the fast inflation report, Federal Reserve Chairman Jerome Powell admitted there's more work to be done on the inflation front. The PPI number took on even greater significance as Powell said he would be interested in seeing if today's number confirmed the disappointing CPI data.After cutting rates 100 basis points in the final months of 2024, Powell and the rest of the Fed has made clear their intent to pause any further monetary ease until there's a notable slowdown in either the economy and/or inflation.Before the PPI figure was published, markets had priced in only one rate cut for all of 2025, according to the CME Fed Watch Tool.
BTC perpetual current price of $96006.00, there is a momentary upward injection, and the price may decline. Please pay attention to the position situation. Data for reference only Pin warning is monitored by AiCoin's custom indicators. Click "Sync Warning" on the PC to immediately receive the same pin warning!
Click on the link to enter the live stream: https://meeting.tencent.com/p/9309732027 BTC: With the release of the CPI data bureau, the market experienced a significant decline and reached the bottom position of the hourly level wedge-shaped structure adjustment. For the overall trend of the subsequent large pie, the hourly level wedge-shaped adjustment has entered the tail. After the previous false breakout market ended, the rebound strength was sufficient. After a 15 minute small level breakout, the structural retracement point at the top position conforms to the breakout trading mode. Currently, the large market is dominated by long orders, with a risk control of 95800 entering the long market below 95000. The target can be seen at the high point of 1025000. Enter from a long-term perspective. ETH: The trend structure of Ethereum hourly level channels is obvious, with channel adjustment as the main trend. At present, channel breakthrough conforms to the breakthrough single trading mode, and can be traded according to the breakthrough ABC structure. The entry positions for multiple orders are between 2680-2670. Just below the risk control 2630, enter at a low multiple. The subsequent action of preventing one handed Ethernet insertion is sufficient, but the overall direction is still biased. Tencent Meeting Number: 930 973 2027 Join the Fuxi Community and enjoy a variety of service offerings 1. Conduct market analysis for daily open courses and develop plans for matching orders and solving problems. 2. Join the member group to enjoy live streaming with orders in the evening; Fixed weekly technical course content. 3. Conduct three market analysis sessions in the morning, afternoon, and evening of the day, and engage in multiple intraday strategic trades. 4. "Price Behavior Trading", "Breakthrough ABC Trading Law", "Four Line Battle Method" 5. Use tactics such as "Gann's Angle of Power", "Fei's Wave Number Example", and "MACD" to deduce the future direction. Disclaimer: The above content only represents the author's personal views and is for communication and sharing purposes only. It does not represent the position or viewpoint of AICoin and does not constitute any investment advice or external contacts. It is not related to AICoin and the consequences are borne by AICoin
BNB Chain's BNB token and PancakeSwap's CAKE bucked low-volatility market conditions to rally 9.3% and 35% respectively even as bitcoin (BTC), the largest cryptocurrency, remained rangebound at $96,200.CAKE has more than doubled over the past seven days, a move coinciding with a spike in trading volume, with $1.1 billion being notched in the past 24 hours, according to CoinMarketCap data.See all newslettersBNB, meanwhile, flipped Solana's SOL token in terms of market cap following a series of tweets from Binance founder Changpeng Zhao, who hinted at "interacting with memecoins" on the BNB Chain.The move in BNB and CAKE is correlated because CAKE is the native token of decentralized exchange PancakeSwap, the largest protocol on BNB Chain.The increase in activity comes as bitcoin experiences a lull. BTC has traded between $95,000 and $98,000 since Feb. 8. Rangebound price action for BTC typically leads to a rise in activity in alternative cryptocurrencies, or altcoins, because traders tend to look for more speculative bets. In the past 24 hours LIDO, INJ, JTO and HYPE have all gained between 7% and 9%.