๐ Global & Macro: CME FedWatch data shows a 66% probability of a 25 basis point Fed rate hike in September, reflecting sustained inflation concerns and their impact on global markets.
๐ฆ RWA & Institutional: OpenSea reinstates Solana NFT trading after a four-year hiatus, a strategic move to revitalize the NFT market and expand its ecosystemโa notable institutional adoption signal for the broader digital asset space.
โก Crypto & Markets: Bitcoin surges past $79,000, indicating strong bullish momentum and heightened investor confidence in the crypto market.
๐ก Key Takeaway: With Fed rate hike expectations firming and Bitcoin breaking key levels, markets are pricing in a tightening bias while digital assets show resilienceโwatch for volatility as these forces converge.
RWA