Welcome to the Asia -Pacific morning memory – your essential digestion of night cryptography developments shaping regional markets and global feeling. The Monday edition is the conclusion of last week and this week’s forecasts, brought by Paul Kim. Take a green tea and look at this space.
The cryptography market finally experienced significant momentum last week. On Sunday at 4:00 p.m. UTC, the Bitcoin price had jumped by 4.78%. Altcoins climbed even higher, with Seth climbing 7.72% and 22.65% soil.
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The increase in rally hopes reduction rates
The main engine behind the recent increase in crypto and other risk assets is the growing anticipation of American interest rate drops. This expectation intensified after the publication of August Non-Agricultural United States (NFP) figures on September 5.
Following this report, the markets at the price of a percentage point of 0.75 reduced by the end of 2025 and 1.5 percentage points in September of the following year.
However, the federal reserve has hesitated to reduce rates unilaterally, as consumer inflation remains stubbornly high, holding stable at around 3% – well above its objective.
The recent market increase has been mainly triggered by encouraging inflation data. On Wednesday, the price of American producer prices (PPI) would have dropped by 0.1% per month, going down from the planned increase of 0.3%. This marked the first drop in producers’ prices in four months.
A more in -depth examination of the data has revealed a notable detail: the margins beneficiaries of companies in the wholesale and retail trade have decreased, in particular for machines and vehicles. This suggests that companies absorb some of the cost increases rather than transmit them entirely to consumers. Experts interpreted this as a sign that inflationary pressures are more than expected.
The American Consumer Price (ICC) index met market expectations on Thursday. Although the upward trend of inflation is held, the market has been relieved that the pace does not accelerate. In response, the Bitcoin price fell to $ 115,000 for the first time in two weeks.
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The price of Ethereum was initially dull at the start of last week, but Tuesday, the capital flows on the ETF Spot market became positive, although slightly.
The real push started after the CPI report Thursday, with Stron climbing more than 8% in just two days. Only Friday, more than $ 400 million flocked to the ETF market, reversing a two -week collapse.
Solana, who had struggled to break the level of $ 210 for months, rallied for eight consecutive days. This strong momentum was obvious in future and cash markets.
The fact that the interests opened in the long term exceeded $ 8.1 billion before IPC data is published underline the strength of this momentum. The rally has also revitalized the Solana ecosystem, with its total locked value (TVL) exceeding $ 13 billion in the midst of increasing use of challenge.
The coming week: Powell’s words are essential
After a strong rally over the weekend, Bitcoin fell slightly in $ 115,000, entering a consolidation period. Other major parts like ETH, Sol and Avx also experience minor price corrections.
The most critical event of this week will be the result of the Federal Open Market Committee (FOMC) meeting on Wednesday at 6:00 p.m. UTC. A drop in the percentage point rate of 0.25 seems almost certain. The key, however, will be the press conference of the president of the Fed Powell. If he signals a desire for cuts in future rate, Bitcoin could see other gains.
Other important data versions include retail figures in the United States on Tuesday. If these figures are too low, concerns about an economic slowdown could grow, which would probably have a negative impact on risk assets. Hoping that investors will have a profitable week.
