I. Crypto Market Overview
Key Takeaways
1.
Macro Environment
The U.S. core PCE inflation rose to 2.9% YoY, complicating the Fed's rate cut plans and impacting crypto markets. Fed's inflation gauge stabilizes at 2.6%, maintaining rate cut expectations, influencing crypto investment strategies. July PCE data shows persistent inflation, prompting Fed policy reviews, affecting Bitcoin's inflation hedge role. Treasuries hold gains as inflation data aligns with forecasts, supporting crypto market's risk-on sentiment. Fed's rate cut outlook remains firm amid stable inflation data, impacting crypto market dynamics.
2.
Crypto Market
Regulatory clarity improves with CFTC allowing foreign exchanges in the U.S., boosting competition. Institutional interest in crypto grows, with BlackRock acquiring Bitcoin and Ethereum seeing significant ETF inflows. Market sentiment remains neutral with a fear and greed index of 47, indicating cautious optimism. Altcoin season is in a transition phase, with selective outperformance in certain sectors. Smart money shows strategic asset reallocation, with whales moving between Bitcoin and Ethereum.
3.
This Week's Outlook
US PCE inflation data release will impact global markets, shaping expectations for the Fed's next MOVE on interest rates. Crypto market to unlock $4.5 billion in tokens, potentially affecting trading activity and liquidity. Eurozone CPI data for August will be released, providing insights into inflation trends in the region. Federal Reserve Beige Book release will offer an informal review of current economic conditions. ISM Services Index for August will be released, indicating the health of the US services sector.
Fear and Greed Index
68.00% Annual Percentile
47 Neutral
Total Crypto Market Cap
$3.76T
Total Market Trading Volume
$163.30B
Altcoin Season Index
83.33%
Quarterly Percentile
58 / 100
Total Futures Market Open Interest
3.87B
Futures
978.74B
Perpetuals
II. Industry Updates
Macro-economic Policies
1.
The U.S. core PCE inflation rose to 2.9% YoY, complicating the Fed's rate cut plans and impacting crypto markets.
2.
Fed's inflation gauge stabilizes at 2.6%, maintaining rate cut expectations, influencing crypto investment strategies.
3.
July PCE data shows persistent inflation, prompting Fed policy reviews, affecting Bitcoin's inflation hedge role.
4.
Treasuries hold gains as inflation data aligns with forecasts, supporting crypto market's risk-on sentiment.
5.
Fed's rate cut outlook remains firm amid stable inflation data, impacting crypto market dynamics.
Cryptocurrency Regulatory Trends
1.
The CFTC has released new regulations allowing foreign exchanges to legally enter the U.S. market, enhancing competition and liquidity.
3.
The SEC is reviewing 92 crypto ETF applications, with Solana, XRP, and Litecoin expected to gain approval by October 2025, boosting institutional interest.
5.
Former PBOC Governor Zhou Xiaochuan warns of stablecoin risks, emphasizing the need for STRONG compliance and security measures in payment systems.
Trending Tokens
1.
Solana (SOL): Solana has surpassed Ethereum in speed and cost efficiency, processing 101 million daily transactions with fees as low as $0.0003, significantly outperforming Ethereum's transaction capabilities.
Smart Money Movements
Events to Watch
September 1 (Monday)
US PCE inflation data release will impact global markets, shaping expectations for the Fed's next move on interest rates.
September 1 (Monday)
Crypto market to unlock $4.5 billion in tokens, potentially affecting trading activity and liquidity.
September 2 (Tuesday)
Eurozone CPI data for August will be released, providing insights into inflation trends in the region.
September 3 (Wednesday)
Federal Reserve Beige Book release will offer an informal review of current economic conditions.
September 4 (Thursday)
ISM Services Index for August will be released, indicating the health of the US services sector.
III. Phemex Market Focus
New Listings
Mitosis is a cross-chain DeFi protocol transforming liquidity positions into programmable assets.
Cronos (CRO) is the native cryptocurrency token of Cronos Chain, developed by Crypto.com.
Camp Network is a Layer-1 blockchain for powering AI agents with user-owned IP.
Alt.town enables trading and value growth of virtual creators as digital assets.
CUDIS is building a Longevity protocol to extend health-span to 140 years.
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