Overview of Key Overnight Developments on May 12
21:00-7:00 Keywords: CPI, APT, Rate Cut
1. U.S. Treasury Secretary: Substantial progress made in trade negotiations with China;
2. Since 2025, eight major cryptocurrency companies have announced entry into the U.S. market;
3. Important events and data preview for next week: U.S. April CPI data to be released on Tuesday;
4. Analysis: Bitcoin miners' selling pressure has dropped to its lowest level since 2024;
5. 1confirmation founder: The rise of Ethereum signifies the "death of crypto VC";
6. Federal funds rate futures further reduce Fed rate cut expectations, U.S. 10-year Treasury futures fall by 9 points;
7. Data: Tokens such as APT, ARB, AVAX will see large unlocks next week, with APT unlock valued at approximately $67.5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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