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Altcoins & DeFi

$2 XRP Back 'On Menu' as BlackRock Predicts Wall St. Tokenization: Main Crypto News This Morning

Image: U.Today

Bitcoin is holding above $82,300 this morning amid a decline in US AI-sector stocks and rising dominance of 60.24%. Digital assets are trading independently of Wall Street: while the S&P 500 is sliding toward 7,659 under macroeconomic pressure, the crypto market is accumulating liquidity . The main trigger of the macroeconomic pressure is accelerating inflation in the US. September CPI rose to 3.7% year over year, and the Producer Price Index (PPI) gained 1.3% for the month, the highest since 2022 (at 6.3% y/y), which is raising expectations of a hawkish Fed policy on Polymarket. In the meantime, the stock market is seeing a selective capital exodus: the Dow Jones closed with a symbolic gain (+0.7%), but the AI and semiconductor sectors are being sold off aggressively as the VIX…

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