BNB breaks through 900 USDT, setting a record high | Binance Morning Post (September 11)

● BNB broke through 900 USDT, setting a record high, according to Binance market data, BNB broke through 900 USDT, hitting a high of 904.37 USDT, setting a record high. ● The US Senate Banking Committee passed the nomination for the Federal Reserve Board of Milan. According to Shenchao TechFlow, on September 10, the US Senate Banking Committee passed the nomination for the Federal Reserve Board of Milan with a vote of 13 to 11. ● Analysts comment on the US August PPI: Today's CPI data may also be weaker than expected. According to Shenchao TechFlow, Adam Button, an analyst at the investinglive of the US financial website, said that the Consumer Price Index (CPI) report will be released today. This is a strong signal that the data may be lower than expected and U.S. stock index futures have risen as a result. If the CPI results are lower than expected — especially such a large below expectations — then the possibility of the Fed cutting interest rates by 50 basis points will be higher. The producer price index (PPI) after excluding food and energy has dropped the largest month-on-month in the past decade. ● The monthly PPI rate in August of the United States fell to -0.1%, with an annual rate of 2.6%. According to Shenzhen Chao TechFlow, the monthly PPI rate in August of the United States was -0.1%, lower than the expected 0.30%, and the previous value was 0.90%. The US PPI annual rate in August was 2.6%, with an expected 3.3% and the previous value was 3.30%. ● Bitwise CIO predicts that SOL is expected to usher in an epic rise at the end of the year. Several spot ETFs will boost the market by promoting the market. According to BlockBeats, Matt Hougan, chief investment officer of Bitwise, said in a latest memo to customers that SOL is expected to perform strongly before the end of the year. ETF capital inflows and corporate treasury purchases will drive up markets similar to BTC and ETH. A relatively small amount of capital inflows in Solana may significantly boost prices in the next few months, and is expected to usher in an epic rise at the end of the year. Matt Hougan believes that Solana is now meeting the same conditions as Bitcoin and Ethereum ETFs after passing, and is expected to follow this path and usher in a surge. Several issuers — including Grayscale, VanEck, Franklin Templeton, Fidelity, Invesco/Galaxy, Canary Capital, and Bitwise itself — have filed spot Solana ETF applications in the U.S., and the Securities and Exchange Commission (SEC) is expected to make a decision by October 10 to push multiple Solana spot ETFs to list in the fourth quarter. ● Fitch: Raised global economic growth expectations, and the US economy slowed down. According to Jinshi data, Fitch raised its global GDP growth expectations, but is expected to drop from 2.9% last year to 2.4% this year. It is expected to slow further to 2.3% next year and will grow by 2.6% by 2027. Fitch pointed out that uncertainty in U.S. tariff policy has declined, but tariffs remain huge, weakening global growth. Signs of slowing in the U.S. economy are already showing up in hard data. The rise in inflation caused by higher tariffs is expected to accelerate later this year, curbing real wage growth and putting pressure on U.S. consumer spending. U.S. employment growth has slowed significantly, and the Federal Reserve is expected to cut interest rates by 25 basis points in September and December, and will cut interest rates three more next year.