CPI Surprise, Jobs Shock Send Bitcoin to $115K as ETFs Pour In
Key Takeaways
U.S. August CPI came in hotter than expected at 2.9% year-over-year and 0.4% month-over-month, but a surge in weekly jobless claims reinforced rate-cut odds.
Bitcoin spot ETFs recorded $553 million net inflow (4th straight day), while Ethereum spot ETFs posted $113 million net inflow (3rd consecutive day).
Wallets holding 100 – 1,000 BTC added roughly 65,000 BTC over the past seven days (30-day net +93,000 BTC), now having a record 3.65 million BTC.
BTC tested then reclaimed $115,000 (currently ~$115,505); key resistance at $116,300; downside liquidity remains concentrated near $110,000–$107,000.
Bitcoin shrugged off a failed Senate crypto bill and the Fed’s first rate hike since 2023. With ETF inflows returning, $82,500 is now the level that matters.
The Japanese financial group is backing dtcpay through two investment vehicles as it looks to build digital-asset links between Japan and Southeast Asia, adding to a round Vertex Ventures led in March.
Coinbase, Strategy and Robinhood all jumped more than 9% Friday on Wall Street's read of the SEC's tokenized-stock framework, while Hyperliquid, Zcash and NEAR led a broader altcoin surge that pushed the total market back above $2.8 trillion.
A new study using real EU regulatory data finds that the multi-input heuristic can be highly accurate in some cases and completely wrong in others, raising serious questions about its use as forensic evidence.
