• 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
1.4878
+1.66%
ETH
2,430.51
+2.91%
BTC
77,371.9
+2.55%