FameEX Morning Crypto News Recap | September 12, 2025
2025-09-12 03:52:52CPI Climbs to 2.9% in August, Strongest U.S. Reading Since January
U.S. August CPI reached 2.9% year-on-year, the highest since January, aligning with forecasts.
Jobless Claims in U.S. Hit 263,000, a Post-2021 Peak
Initial U.S. jobless claims rose to 263,000 in the week ending September 6, surpassing expectations of 235,000 and marking the highest level since October 2021.
Fed Rate Cut Speculation Lifts Short-Term Interest Rate Futures
Following the September 11 CPI release, traders boosted expectations of Federal Reserve rate cuts, pushing U.S. short-term interest rate futures higher.
BlackRock Bitcoin ETF Holdings Surpass 754K Coins, Worth $85B+
Official figures reveal BlackRock’s Bitcoin ETF IBIT has accumulated 754,163 BTC, with its holdings’ market value surpassing $85.88 billion.
Ethereum’s Unstaking Queue Hits 2.63 Million ETH
According to Validator Queue statistics, 2,632,956 ETH remain in Ethereum’s unstaking queue, requiring a wait of about 45 days and 17 hours for withdrawals to process.
Bitcoin Could Surge by Year’s End, Says Galaxy CEO
In a CNBC interview, Galaxy CEO Michael Novogratz predicted Bitcoin may surge significantly before year-end.
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