Since the volatile market started last week, Bitcoin rebounded from $57,200 to $61,200 and has not been able to return to $62,000.

The decline that started on Monday continued to fluctuate, and now it is basically stable around $59,000, with shorts and longs evenly matched. The market value of Bitcoin is close to $1.17 trillion, with a market share of 53.6%.

What impact does CPI data have on market conditions?

If the CPI data is lower than expected, the market will have a clear upward trend, which is good for the cryptocurrency market.
Tomorrow’s CPI will also determine the number of basis points by which the Federal Reserve will cut interest rates!
#美国7月PPI低于预期 #美国CPI数据即将公布