#CPI数据来袭

Inflation cannot be reduced, and the Fed cannot cut interest rates, which is bad for Bitcoin in the short term...Keep going, brothers.

1. The dollar is strong

Without a rate cut, the dollar will continue to remain strong, attracting funds to flow into dollar assets, resulting in a decline in the attractiveness of risky assets such as Bitcoin, which may cause a price drop.

2. Bitcoin risk assets are under pressure

Failure to cut interest rates will increase borrowing costs, inhibit investment and consumption, and weaken market risk appetite, but Bitcoin is a high-risk asset.

3. Limited long-term impact

In the long run, the price of Bitcoin is more affected by its own technology, application and supervision, especially Trump and his factors.