UK inflation rose to 3.1% in August, up from 2.9% in July and moving further away from the Bank of England’s 2% target, according to the Office for National Statistics. Higher petrol and diesel prices, along with costlier airfares, pushed annual transport costs up 4.6%. The UK’s policy rate is 3.75%, and the Bank of England meets on Thursday to decide whether to change it.

The spot Bitcoin ETF market saw a sharp wave of withdrawals, with BlackRock and other major issuers posting combined net sales of $450.33 million worth of BTC in a single day. The move marked the largest single-day outflow in the past three months. The data points to a notable cooling in institutional investors’ short-term risk appetite for Bitcoin, with outflows far exceeding recent average levels.

Solana suffered a major technical incident after a single routing error took about 29% of the network’s staked nodes offline, nearly bringing activity to a standstill. The disruption exposed vulnerabilities in Solana’s routing architecture as large amounts of staked tokens briefly lost connectivity. No permanent loss of funds was reported, but the event raised questions about network stability and decentralization. A specific recovery timeline and detailed root cause have not yet been disclosed.

The U.S. Senate failed to pass the CLARITY crypto regulatory bill by a 49–50 vote, short of the 60 votes required. The effort collapsed amid Democratic demands that officials sell—rather than merely place in a blind trust—their crypto holdings, including holdings tied to Trump’s family and World Liberty Financial. The vote also exposed unresolved disputes between banks and the crypto sector over stablecoin reward rules and over DeFi anti-money-laundering concerns. After the vote, BTC fell 5%, ETH dropped 6%, XRP slid 12%, and Coinbase and CRCL were down about 10%.

BYD has priced the Atto 1 at A$19,990 driveway in Australia, making it the country’s cheapest new car and the first EV to drop below A$20,000. The move aims to knock down a key cost barrier to wider EV adoption. More EV models are already selling for under A$40,000 and even A$30,000, intensifying competition in the lower end of the market.

The U.S. 10-year Treasury yield hovered near 5%, pressuring Wall Street to close lower overnight. Tensions in the Middle East escalated again, including an attack on Saudi Arabia’s East-West pipeline and continued disruption around the Strait of Hormuz. WTI held firm in the $104–105 a barrel range, while Brent hovered near $108, curbing global risk appetite.

Indian equities are expected to open flat on Sept. 16 after benchmarks fell in the prior session. The Sensex slid 777.94 points to 74,003.82 and the Nifty 50 dropped 279.50 points to 23,118.60. Rising Middle East tensions kept WTI crude in the $104–105 range, while the U.S. 10-year Treasury yield climbed to its highest level in nearly two decades, weighing on global risk sentiment amid inflation concerns.

The U.S. Senate blocked advancement of the Clarity Act on Sept. 15 after a motion to proceed failed the 60-vote threshold in a 49–50 vote. A revised version of the bill incorporated 126 changes requested by Democrats, including provisions on a stablecoin-rewards “circuit breaker,” state-level enforcement, and expanded safe harbors for developers. Markets reacted negatively, with Bitcoin down about 3%. Coinbase and Circle shares fell roughly 8%–10%.