The headline CPI didnโt come out well, indicating that inflation is rising again. The core CPI is the same as last month, showing that weโre unlikely to get a rate cut of more than 25 basis points this time.
10,153 BTC ($909,865,400) transfered from Binance to Unknown wallet.
At the moment, largecap altcoins are in the spotlight. A significant amount of new money is flowing into XRP, ADA, SOL, and DOGE. Soon after this, it will be the turn of midcap and lowcap altcoins.
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Coins that are undergoing such heavy accumulation are likely to enter a parabolic phase soon. The key point to note here is that these coins have neither broken their 6-7 month lows nor their highs, clearly indicating that they are being heavily accumulated.