ETH falls below the $4300 mark

[U.S. August PPI Data May Become Market Focus, Tariff Cost Accumulation Raises Concerns] U.S. Treasury yields edged higher during the Asian trading session as the market closely watches the upcoming key inflation data. Danske Bank Research analyst Emilie Herbo pointed out that the August Producer Price Index (PPI) will receive more attention than usual, not only because it is released earlier than the Consumer Price Index (CPI) but also because the July data significantly exceeded market expectations. She emphasized that this data could provide important clues for assessing the ongoing accumulation of tariff-related costs. The August PPI is scheduled for release on Wednesday, while the CPI will be published on Thursday.

[Institution: European Central Bank May Cut Interest Rates by 25 Basis Points in December] Golden Finance reports that Natixis analysts Alain Durre and Hadrien Camatte stated in a report that the European Central Bank may still conduct a final 25 basis point rate cut in December, provided that the slowdown in the labor market is more severe than expected and inflation drops significantly below the target due to declining energy prices and further appreciation of the euro. The analysts estimate a 60% probability of the European Central Bank implementing the final rate cut at its December meeting, which would bring the terminal deposit rate to 1.75%. It is expected that the European Central Bank will maintain policy rates unchanged on Thursday, with the deposit rate remaining at 2.00%. (Jin10)

[Upbit Suspends Deposit and Withdrawal Services for Polygon Network-Related Assets] Due to issues with the Polygon network, Upbit has suspended deposit and withdrawal services for POL and GMT (based on the Polygon network), as well as deposit and withdrawal services for Polygon network NFTs. The suspension period will last from the time of the announcement until network stability is confirmed, with the specific resumption time to be announced later. Trading is not affected. Users should be aware of potential risks such as deposit delays or irrecoverable losses during the suspension period.

[Linea network has not produced a block for 32 minutes, suspected downtime] Odaily Planet Daily reports that Lineascan data shows the Linea network has not produced a block for 32 minutes, suspected downtime.

Bitget JUP/USDT's perpetual trading volume surged 6 times within 10 minutes, with a turnover of 7.7 million US dollars in the past 24 hours, an increase of 1.93% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally