🚨 Crypto Today: Top Stories That Will Move Markets

📰 News

📊 U.S. CPI Comes In At 2.7%, Crypto Market Climbs

U.S. CPI data came in steady at 2.7% YoY—below expectations and matching last month—sparking a fresh boost in the crypto market! 🚀

Following the report, total crypto market cap jumped from $3.9T to $3.94T, led by strong rallies in Bitcoin, Ethereum (breaking $4,400), XRP, and Solana.

With inflation holding steady and core CPI hitting a five-month high, the Fed might lean toward easing soon—fueling optimism in crypto circles.

Keep an eye on these moves—momentum is building!

⚖️ Trump Mulls Lawsuit Against Powell Amid Fed Rate-Cut Push

Donald Trump is weighing a lawsuit against Fed Chair Powell over $3 billion in Fed building renovations, calling the job “horrible and grossly incompetent.” Amid rising pressure, Trump is pushing hard for a Fed rate cut following steady U.S. CPI data at 2.7% YoY—below expectations.

Trump argues that tariffs haven’t driven inflation and urges Powell to act faster, blaming delayed Fed moves for economic damage. The Fed’s next steps are now under the spotlight as the economy shows resilience despite ongoing challenges.

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📊 Markets

⚠️ Here’s Why Ethereum Price is Surging, and 2 Reasons it May Crash Soon

Ethereum is on a powerful surge as institutional interest heats up! Tom Lee’s BitMine is gearing up for a massive $24B ETH buying spree, joining other heavy hitters like SharpLink and The Ether Machine.

Spot ETH ETFs hit a record $1B inflow in a single day, pushing total inflows past $10B—led by BlackRock’s ETHA ETF. With over 66% dominance in DeFi and $200B+ TVL, plus $138B in stablecoin assets, Ethereum’s ecosystem strength is undeniable.

Add record futures open interest at $60B, and the momentum looks set to continue.

🔮 Analyst Predicts $270 Solana Price as DEX Volumes Soar Despite Whale Selling

Solana’s price is showing strong bullish signals thanks to the Elliott Wave pattern, with a potential rally target at $270!

Analyst TheChartArtist highlights that SOL must first break a higher high at $194 to unlock this upside. Key resistance sits at $240—breaking and holding above this could open the door to $270 and beyond.

With growing excitement around a spot SOL ETF, short-term momentum looks promising, while long-term forecasts hint at even higher gains. Keep an eye on SOL!