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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Analysis: Weak CPI and ETF fund inflows drive strong momentum in alts.
Odaily News Due to traders betting that the Fed will adopt a dovish stance, weak U.S. CPI data and strong ETF inflows have driven alts higher, with Ethereum rising 6% and Solana rising 4%. Analysts point out that Bitcoin may consolidate near its historical high, pulling back from recent highs, leaving room for alts to catch up. (The Block)