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Inflation data shows that PCE and core PCE both beat expectations, with an additional decline of 0.1%. This greatly alleviates the rumors of the Fed cutting interest rates less next year, and now Wall Street is back to work, expecting a rebound.
In addition, if you look at the on-chain data, you will find that the Trump family's WLFI has increased its holdings by 759 ETH. Trump bought the dip.