Tonight at 20:30, the US CPI data will be released. Are you ready?
In terms of market expectations, previously, the "voice of the Federal Reserve" Nick Timiraos predicted that the core CPI might rise to 3.1%, far exceeding current expectations, which has drawn attention.
Impact of the data on the cryptocurrency market
1. If CPI exceeds expectations
Inflation pressure is high, expectations for Federal Reserve interest rate hikes increase, funds tend to flow into low-risk assets, leading to outflows from the cryptocurrency market, and prices may fall.
2. If CPI is below expectations
Inflation pressure is light, the possibility of interest rate hikes decreases, market liquidity increases, investors' risk appetite rises, which may attract funds into the cryptocurrency market, driving prices up.
Risk control! Risk control! Risk control!
Opportunities are here, assets can double! Follow Brother Li closely, easily make big money.
Continued attention: CYBER, PROVE
