Crypto Markets Today: ENA, DOGE Rally as Bitcoin Downside Concerns Linger

[Suilend Suspends IKA Borrowing, Deposit Balances Decrease by 6%] On September 9, Sui ecosystem lending protocol Suilend announced the suspension of IKA borrowing due to the short-term surge in IKA's price to $0.47, followed by a drop. This led to the liquidation of some borrowing positions at overvalued prices, resulting in a $379,000 funding gap. As a result, each IKA depositor's balance will decrease by 6%. Previously, IKA's price had surged by 700% in a short period, with liquidation amounts reaching $2.2189 million within 24 hours.

[Uniswap and Other Projects Unaffected by NPM Supply Chain Attack] Uniswap, Morpho, MetaMask, Sui, and Aave have stated that they were not affected by the recent NPM supply chain security incident. It is reported that the incident involved the compromise of a well-known developer's NPM account, with multiple popular third-party packages being injected with malicious code. The attackers attempted to steal cryptocurrency. The affected packages have been downloaded over 1 billion times, potentially threatening the entire JavaScript ecosystem.

According to AiCoin monitoring, the net inflow of US spot BTC ETF reached $364 million yesterday, the highest daily net inflow since August 19th. Among them, FBTC had the largest inflow of funds, reaching 157 million US dollars; Next is ARKB, with an inflow of $89.5 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

[JPMorgan Warns Fed Rate Cut Could Trigger Sell-Off Risk] JPMorgan has warned that if the Federal Reserve proceeds with a rate cut as expected at the September 17 meeting, it could trigger a 'sell-the-news' scenario. Market intelligence chief Andrew Taylor stated that while U.S. stocks have shown resilience, investor sentiment remains fragile against the backdrop of tariff impacts and weak employment data. He also pointed out that a rate cut could exacerbate inflationary pressures, particularly due to the transmission of tariff costs and wage inflation risks. The S&P 500 Index has already risen more than 30% this year, but with September being a traditionally weak period for U.S. stocks, the market faces greater uncertainty.

Bitget LTC/USDT's perpetual trading volume surged 21 times within 10 minutes, with a turnover of 40.75 million US dollars in the past 24 hours, a decrease of 2.45% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally