Today's Cryptocurrency Evening Express (2025-08-12 19:49 CST)

• Market Overview

• Bitcoin once pulled up nearly $4,000 from its daily low during the US market session, and is currently fluctuating around the $119,000 range.

• Ethereum continues its strong performance, approaching its historical high. Net capital inflows have surged in the past week, and it is regarded as a direct beneficiary of the tokenized trading and spot ETF craze.

• Macro and Policy

• The US July CPI data will be released at 20:30 Beijing time tonight, which traders generally regard as a trigger for short-term "market turning point":

• If the data is lower than market expectations, it may open up space for Bitcoin to return above $120,000;

• If it is unexpectedly high, it may trigger a pullback and drive altcoins to fall.

• Traditional funds continue to experience capital outflows, while crypto assets are regarded as a "hedge overflow exit" by some institutions - Bitcoin has absorbed more than $400 million in new funds this week.

• Industry Dynamics

• Bitcoin mining difficulty was slightly lowered by 0.45% to 126.41 T in today's routine adjustment, which helps to increase miners' short-term income.

• The official X (Twitter) account of the decentralized lending protocol Echo Protocol was hacked, and the team reminded users not to click on any unknown links.

• Solana's ecological aggregation trading platform Jupiter Pro had data abnormalities in the morning, but it has now been fully repaired and functions have returned to normal.

• Funds and Sector Rotation

• Institutional "coin hoarding stocks" continue to be sought after, and related stocks such as MicroStrategy have seen intraday gains leading Nasdaq component stocks due to Bitcoin's rebound.

• In terms of altcoins, DeFi and fan token concepts have entered a high-level consolidation. Analysts recommend waiting for the volatility of mainstream coins to narrow before adding positions.

Reminder: Cryptocurrency prices fluctuate violently. The above content is for market news reference only and does not constitute any investment advice. #机构疯抢以太坊 $ETH

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