比特幣（BTC）短暫上漲了$ 110,000

在倫敦的頭條新聞指出，比特幣（BTC）短暫上漲了110000美元，指出美國 - 中國貿易談判的進展。

Bitcoin (BTC) prices remained largely flat in the past 24 hours as traders await fresh U.S. inflation data, which could influence the Federal Reserve’s monetary policy stance and, in turn, risk appetite in the markets.

在過去的24小時內，比特幣（BTC）的價格在過去的24小時內一直保持平坦，因為交易員正在等待新鮮的通貨膨脹數據，這可能會影響美聯儲的貨幣政策立場，進而影響市場中的胃口。

The largest cryptocurrency was trading at BTC $70,164.3 by press time, down 0.1% over the past 24 hours. The CoinDesk 20 (CD20) index rose 2% in the past 24 hours, suggesting a rotation into altcoins.

最大的加密貨幣的交易價格為BTC $ 70,164.3，在過去24小時內下降了0.1％。在過去的24小時內，Coindesk 20（CD20）指數上升了2％，表明旋轉到山寨幣。

One factor that could be keeping bitcoin in check and the preference for altcoins might be that the agreement out of London remains tentative, still needing sign-off from both Presidents Donald Trump and Xi Jinping.

可能會保留比特幣和偏愛山寨幣的一個因素可能是，倫敦之外的協議仍然是暫定的，仍然需要唐納德·特朗普和習近平總統的簽署。

In traditional markets, the reaction was also mixed. Asian equities rose, with the Hang Seng index adding 0.8%, European stock indexes gained less than 0.2% and U.S. index futures pointed down.

在傳統市場中，反應也混合在一起。亞洲股票上漲，懸掛式指數增加了0.8％，歐洲股票指數上漲了不到0.2％，美國指數期貨的指數下降了。

“There’ve been several twists and turns already, and markets are getting fairly used to this uncertainty by now,” Deutsche Bank strategist Jim Reid said.

德意志銀行策略師吉姆·里德（Jim Reid）說：“已經發生了幾次曲折，到目前為止，市場正習慣這種不確定性。”

Meantime, investors are preparing for a fresh batch of inflation data. The U.S. Consumer Price Index (CPI) report due later today is expected to show a 0.3% increase in core inflation for May, with annual core inflation rising to 2.9%. Producer price data, which will follow tomorrow, is also forecast to climb.

同時，投資者正在準備大量的通貨膨脹數據。美國消費者價格指數（CPI）報告今天晚些時候預計將顯示5月的核心通貨膨脹率將增加0.3％，年核心通貨膨脹率上升至2.9％。生產商的價格數據將在明天遵循，也預計將攀升。

Among altcoins, ether (ETH) is showing quieter but potentially more meaningful strength. Options markets suggest traders are positioning for upside, with front-end volatility spiking and call options gaining favor, according to analysts at hedge fund QCP Capital.

在AltCoins中，Ether（ETH）表現出更安靜但可能更有意義的力量。根據對沖基金QCP Capital的分析師的說法，期權市場表明貿易商正在定位上升空間，前端波動率尖峰和呼叫期權獲得了青睞。

Add to that the $450 million in ether ETF inflows logged so far this month, and there’s a suggestion of growing investor appetite. The shift is underpinned by the Ethereum blockchain’s expanding role as infrastructure for tokenized real-world assets.

此外，本月到目前為止，耗資4.5億美元的Ether ETF流入量已經記錄，並且建議投資者的食慾不斷增長。這一轉變是由以太坊區塊鏈作為令牌現實世界資產的基礎設施擴展的作用的基礎。

“Looking ahead, macro tailwinds are aligning for ETH," the QCP Capital analysts wrote. "With the GENIUS Act advancing in the U.S. Senate, Circle’s IPO discussions resurfacing, and stablecoins gaining regulatory traction, Ethereum’s native role in tokenization and settlement rails may be primed for outsized structural upside.”

QCP資本分析師寫道：“展望未來，宏觀的尾風正在為ETH保持一致。” “隨著《天才法》在美國參議院的前進，Circle的IPO討論重新浮出水面，以及獲得監管牽引力的Stablecoins，以太坊在令牌化和定居點中的土著角色可能是為了實現巨大的結構上間。”

Nevertheless, the CPI report is likely to dominate the conversation. A hotter-than-expected reading could reinforce concerns that inflation may remain sticky into the coming months, reducing the chance of a Fed interest-rate cut and potentially prompting a renewed run for hedges like gold.

但是，CPI報告可能會主導對話。超過預期的閱讀可能會引起人們的擔憂，即在未來幾個月內通貨膨脹可能會保持粘性，從而減少了美聯儲利率削減的機會，並有可能促使金黃色等樹籬進行新的奔跑。

If the data comes in cooler, it could open the door for risk assets, including crypto, to extend their gains. Stay alert!

如果數據以冷卻器的速度有限，則可以為包括加密在內的風險資產打開大門，以延長其收益。保持警覺！

What to Watch

看什麼

Token Events

令牌事件

Conferences

會議

The CoinDesk Policy & Regulation conference (formerly known as State of Crypto) is a one-day boutique event held in Washington on Sept. 10 that allows general counsels, compliance officers and regulatory executives to meet with public officials responsible for crypto legislation and regulatory oversight.

Coindesk政策與法規會議（以前稱為Crypto州）是一日一日精品活動，於9月10日在華盛頓舉行，允許一般委員會，合規官和監管管理人員與負責加密立法和法規監督的公職人員會面。

Token Talk

代幣談話

By Oliver Knight

奧利弗·奈特（Oliver Knight）

Derivatives Positioning

衍生物定位

Market Movements

市場運動

Bitcoin Stats

比特幣統計

Technical Analysis

技術分析

Crypto Equities

加密股票

ETF Flows

ETF流

Spot BTC ETFs

斑點BTC ETF

Spot ETH ETFs

點ETH ETF

Source: Farside Investors

資料來源：Farside Investors

Overnight Flows

隔夜流動

Chart of the Day

日圖

While You Were Sleeping

當你睡覺的時候

In the Ether

在以太