The U.S. government's publication of encouraging inflation data on September 27 led to a boost for cryptocurrencies, stocks, and other risky assets. Bitcoin held steady above $65,000, while altcoins like Wormhole, Floki, Pepe, and Shiba Inu rose by over 15%. Futures tied to major stock indexes also saw gains. The inflation data indicated that the Federal Reserve is nearing its inflation target of 2.0%, likely leading the bank to continue cutting interest rates. Other global central banks have also adopted a dovish tone. Additionally, the release of Binance founder Changpeng Zhao from prison was expected to bring further upside to the crypto market.



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