• The U.S. Consumer Price Index (CPI) rose 2.9% year-over-year in August, slightly above expectations.
• Bitcoin, Ethereum, and other major coins slipped modestly in response, as markets weigh what rate cuts, if any, the Federal Reserve might make.
• Bitcoin is consolidating after reaching an all-time high in mid-August, trading in a range roughly between $104,000 to $114,000.
XRP
1.3058
-2.56%
ETH
1,989.34
-1.77%
BTC
72,905.62
-1.33%