Court Approves FTX Liquidation Request

U.S Equities are flat while BTC has jumped back above $26k amid a mixed CPI report. August CPI increased 0.6% MoM, in line with expectations. The Fed’s preferred core CPI measure (ex. food & energy) increased 0.3% monthly, above estimates of 0.2%. The release has not changed CME market expectations of a pause at next week’s FOMC, currently at 97% at writing. Investors will be keen to hear whether further rate hikes are still on the table for this year, with probabilities of a November hike at 40%. ETH is performing in line with BTC, hovering at the $1.6k level. TON is the top performer among the top 100, gaining 8.77% after the Telegram endorsed chain announced the TON Web3 wallet was officially integrated into the messaging app with over 800m users.