This week, Federal Reserve officials will speak, and the CPI, PPI, and retail sales data for October will also be released. These data will influence the expectations for interest rate cuts in December. Powell stated that the pace of rate cuts will adjust according to economic dynamics, gradually approaching a neutral interest rate. Specifically, the CPI data will be released on Wednesday, the PPI data on Thursday, and the focus will be on retail sales data on Friday.

After reviewing the market, let's take a look at a major highlight today!

Today, Binance launched the AI Meme projects ACT and PNUT. As soon as the news broke, ACT surged nearly 10 times, setting a new record for the increase after the launch of a Meme project, boosting the popularity of the Meme sector. It is reported that Binance did not charge a listing fee for ACT this time. Crypto KOL 0xWizard revealed on platform X that since he has been in the ACT community from day one, he understands the situation well. The ACT community had prepared 2% of tokens for listing fees, but Binance did not charge any.