U.S. economic data is packed this week, and markets will be watching closely.
Monday brings ISM Services PMI.
Tuesday follows with Durable Goods Orders.
Wednesday brings the FOMC Minutes.
Thursday is heavy with Core PCE Inflation, Q4 GDP, and Jobless Claims.
Friday wraps it up with CPI Inflation and Consumer Sentiment.
A big week for anyone tracking inflation, growth, and the Fed’s next move.
#economy #ISM #Inflation #GDP #fomc
AAVE Drops 18.96% in 30 Days as V4 Launch Spurs Market Volatility and Holder Transfers
Aave (AAVEUSDT) has seen a 3.65% price decrease over the past 24 hours, with the current price at $91.14 on Binance. The recent price decline can be attributed to broader market volatility following the launch of Aave V4 on Ethereum, which introduced a new hub-and-spoke protocol architecture and enhanced liquidity features. Additionally, large holders transferring approximately 210,000 AAVE in the past week likely contributed to increased selling pressure. Despite significant protocol upgrades and positive institutional validation from the Bank of Canada, Aave’s price has continued to correct from its March highs, reaching a 52-week low earlier in April. In the last day, trading volume ranged from $115 million to $272 million, and Aave's market capitalization is estimated between $1.41 billion and $1.45 billion, with a circulating supply of about 15.38 million tokens. The most active trading pairs include AAVE/USDT on Bybit, KuCoin, and Binance, and the token has declined about 18.96% against USDT over the past 30 days.