Markets
Live updates: Standard Chartered initiates ENA coverage, BTC tentative ahead of U.S. inflation data
CoinDesk·September 30, 2026·1 min read
Standard Chartered initiated coverage on Ethena's ENA token, predicting a big rally. Traders await the Fed's preferred inflation gauge after oil-driven rate-hike bets pushed 30-year Treasury yields to their highest since 2002. Bitcoin traded tentatively ahead of the data, with ENA drawing attention from the bank's bullish outlook.
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