Market dynamics on September 12: The market rebounds with U.S. stocks, August inflation meets expectations, and interest rate cut expectations cool down

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Bitget2024/09/12 02:51

I. Market Dynamics

1. The market rebounds following U.S. stocks. Trump and Harris' unfavorable debate in the pro-crypto election.

2. U.S. stocks rise. August inflation data meets expectations, the market reduces bets on a significant Fed rate cut in September.

II. Market Focus

1.Public chain SUI rises, breaking through on the weekly chart. The market hypes up SOL killer, Grayscale SUI Trust begins to build positions.

2.Fractal BTC's FB surges several times, daily active addresses reach 50K, and market value reaches 6 billion USD.CAT inscriptions surge dramatically.

3.DeFi's DRIFT rises.DRIFT is a contract platform of SOL ecosystem; Multicoin Capital is optimistic about building positions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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