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.
Japan’s $97 billion yen intervention has slowed the currency’s slide, but done little to change its trajectory. If the BOJ is forced to hike rates, the resulting carry-trade unwind could hit Bitcoin and global liquidity hard.
A deal would route a subset of Hyperliquid's perpetual futures through Payward's CFTC-regulated Bitnomial exchange, giving the decentralized platform a compliant path into the US market it has never been able to serve directly.
LSEG plans to bring the 100 largest London-listed companies onchain as Payward's xStocks and is separately assessing a UK tokenised equity structure of its own, with trading targeted for 2027 pending regulatory approval.
MAS opened a consultation on the legislative amendments needed to bring its 2023 stablecoin framework into force, formalizing a protected "MAS-regulated stablecoin" label as regulated tokens are already being piloted in payment and settlement projects across the city-state.
