Consumer confidence index plummets! Inflation expectations continue to soar, and the US dollar falls sharply! The winter of the cryptocurrency market seems to be colder than we thought!
—— Have you felt a sense of uneasiness in the air recently? The University of Michigan Consumer Confidence Index fell to 71.1, the lowest point since October! What does this mean? Consumers' purchasing power is getting lower and lower, market sentiment is getting more depressed, and future consumer spending will face tremendous pressure.
Meanwhile, inflation expectations remain strong at 3.3%! Maybe you think, "Isn't this already eased?" No! This is still much higher than most people expected, which means your wallet is getting thinner and thinner, and the purchasing power of your currency is being eroded! But, this is just the beginning!