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Phemex Crypto Market Daily: Virtuals Protocol, Aerodrome, Hyperliquid Lead Crypto Gains as BTC, ETH Hold Steady (Oct 26)
Key Takeaways:
1. Macro Environment US September CPI rose 3%, fueling expectations of a Fed rate cut at the upcoming FOMC meeting. The 10-year Treasury yield fell below 4%, signaling easier monetary conditions and supporting crypto inflows. Regulatory clarity advances as the US nominates a pro-crypto CFTC chair and Congress pushes the CLARITY Act, boosting institutional confidence. 2. Crypto Market The crypto market showed mixed performance in the past 12 hours. Bitcoin (BTC) rose 0.79% to $111,782, while Ethereum (ETH) gained 0.77% to $3,951.79, both supported by dovish macro signals. Altcoins were led by Virtuals Protocol (+26.2%), Aerodrome Finance (+13.4%), and Hyperliquid (+13.3%), driven by sector-specific catalysts and strong trading volumes. 3. Today's Outlook Today, Jito (JTO) will unlock 542,871 tokens (~$611,273), representing 0.05% of total supply. Money20/20, a major fintech conference, opens in Las Vegas, attracting global crypto and finance leaders and potentially driving sector news and sentiment.

