Crypto News August 12, 2026: Bitcoin and Crypto News — Daily Highlights
[LIVE] August 12, 2026: Bitcoin and Crypto News — Daily Highlights
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Bitcoin's initial reaction to the newly released critical US inflation data has raised concerns among analysts, highlighting both potential dangers and hopes for the cryptocurrency, as indicated by CryptoQuant metrics. In addition, a major altcoin suffered a significant setback after a hacking incident led to the unauthorized minting of 4 billion tokens, resulting in a sharp price decline. Meanwhile, Alameda Research has made a strategic move in Solana staking, prompting speculation about a possible sell-off in the cryptocurrency sector. The overall market has experienced a considerable drop in spot trading volume, although some exchanges have surprisingly weathered the decline better than others. As investors focus on the implications of the US CPI data, options investors seem to have already positioned themselves accordingly, reflecting a cautious sentiment amid the prevailing volatility.