WHY IS CRYPTO DOWN? ETH LEADS CRYPTO LOWER, PCE INFLATION TODAY

ETH leads majors lower, BTC ETF inflows flip ETH. US partners with LINK & PYTH to put data onchain. US to create path for offshore exchanges to return. 92 crypto related ETPs in the works. 21Shares files for SEI & HYPE ETFs. Binance futures trading briefly goes down. American Bitcoin to list on Nasdaq in September. China’s CNPC again studying stablecoins. Current BTC price too low: JPM. $200m BTC Infra Acquisition SPAC formed. SOL DeFi TVL back to ATH. DFDV buys $77m SOL. Caliber establishes LINK treasury. Robinhood launches TON spot trading. CoinShares targets US listing.

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