📈The US stock market surged again last night! 📉 Bitcoin broke 57,000, and altcoins were bleeding🩸 I summarized the reasons

Last night, US retail spending data was released. US retail spending increased in July, and retail sales last month increased by 1% from the previous month, showing that cooling inflation and increased income continue to boost household spending power, helping to ease people's concerns about a sharp slowdown in the US economy.

The inflation data released this week was better than expected. Once the data came out, Americans no longer worried about the economic recession caused by the previous ugly employment data. The last time the ugly employment data was released, the US stock market was directly diarrhea. After the rise of the US stock market the day before yesterday and yesterday, it reflected that investors are still full of confidence in the US economy.

But why did Bitcoin still fall sharply? Those who opened long altcoin contracts were even more miserable. The reason is mentioned above that the US economy is expected to improve. Therefore, the Federal Reserve has begun to continue to raise interest rates fearlessly. The US 10-year Treasury bond has directly risen to 4%, which can also be reflected in the decline in bond prices.

With the interest rate hike, all kinds of risky assets will definitely be in a state of decline, such as cryptocurrency assets, not to mention those worthless altcoins. Funds will flow back to the United States.

Last night I received an oracle from the god Odin, which said:

Anyone who sees and quickly double-clicks "✡" will make money if they open a trade today! However, not everyone can see the Lord's totem.

$BTC $ETH $BNB #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #WBTC #TON

Follow me, the coin circle hoe, and take you to dig deep for wealth!