PANews reported on September 12th that, according to SoSoValue data, last night's US August CPI data met expectations, but initial jobless claims hit a four-year high, prompting market bets on three interest rate cuts this year. Driven by multiple positive factors, crypto market sentiment remained buoyant today, with major sectors maintaining their upward trend. BTC rose 1.30%, breaking through $115,000; ETH rose 3.10%, briefly exceeding $4,500. The RWA sector rose 4.41%, while ONDO and KTA rose 9.78% and 10.72%, respectively. The meme sector rose 3.46%, with DOGE up 5.70%; the Layer 2 sector rose 1.96%, with MNT up 5.21%; and the Layer 1 sector rose 1.74%, with SOL up 3.53%.PANews reported on September 12th that, according to SoSoValue data, last night's US August CPI data met expectations, but initial jobless claims hit a four-year high, prompting market bets on three interest rate cuts this year. Driven by multiple positive factors, crypto market sentiment remained buoyant today, with major sectors maintaining their upward trend. BTC rose 1.30%, breaking through $115,000; ETH rose 3.10%, briefly exceeding $4,500. The RWA sector rose 4.41%, while ONDO and KTA rose 9.78% and 10.72%, respectively. The meme sector rose 3.46%, with DOGE up 5.70%; the Layer 2 sector rose 1.96%, with MNT up 5.21%; and the Layer 1 sector rose 1.74%, with SOL up 3.53%.

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more