Analyst: Binance Altcoin Inflows Surge Fourfold Ahead of CLARITY Act and Fed Decision
CryptoQuant analyst Darkfost pointed out that market attention has significantly intensified this week, primarily driven by the upcoming procedural vote on the CLARITY Act in the U.S. Senate and the Federal Reserve's imminent interest rate decision. Data shows a notable increase in altcoin inflow transactions on Binance, with the 7-day average inflow rising from 8,300 in July to 31,800 currently, up nearly fourfold. Coinbase’s altcoin inflows also increased from 2,200 to 4,700, while Bybit rose to 2,700.