U.S. data on Thursday showed:

1. The final annualized quarterly rate of real GDP in the first quarter was 1.4%, higher than the expected 1.3% and the previous value of 1.3%. The final annualized quarterly rate of the core PCE price index in the first quarter was 3.7%, higher than the expected and previous value of 3.6%. The final quarterly rate of real personal consumption expenditures in the first quarter was 1.5%, lower than the expected 2% and the previous value of 2%.

Affected by this, Bitcoin rebounded. However, these data are somewhat outdated because the second quarter is coming to an end. The core PCE price index for May will be released on Friday, with the previous value of 2.8% and the expected value of 2.6%. The market believes that inflation will fall again, which may bring a small positive.

2. VanEck has just applied for the first Solana ETF in the United States. Matthew Sigel said that SOL functions similarly to other digital commodities such as Bitcoin and Ethereum. It is used to pay transaction fees and computing services on the blockchain. Like Ethereum on the Ethereum network, SOL can be traded on digital asset platforms or used for peer-to-peer transactions.