Just now, the US released CPI data higher than expected, increasing inflationary pressures and lowering expectations for interest rate cuts by the Federal Reserve. As soon as the data came out, gold, US stocks, futures, Bitcoin, and Ethereum all slightly dipped. There is unlikely to be a rate cut soon, and this year there may only be one cut of 25 basis points. Market traders have adjusted the timing for the next rate cut from September to December.

Current trends are unclear, and there is a high probability of continued consolidation$BTC $ETH #CPI数据来袭