250501-Cryptocurrency Market Analysis

Currently, the Kipoint score dropped to -50% when the PCE was announced yesterday, but it has now rebounded to -24.71%. As expected, the market experienced volatility after the data was released, followed by a recovery trend, which is now evident. However, since the Kipoint score remains in the negative range, caution is still advised. Additionally, the proportion of Tether has risen to the 5% range, triggering a decline in most altcoins, but Bitcoin has rebounded after the adjustment, thus the rotation and pump of altcoins continues this morning. Due to the negative economic growth in the United States in the first quarter and private employment data significantly below expectations, the market's assessment of the deteriorating economic conditions in the U.S. resulted in considerable fluctuations in both the stock and foreign exchange markets yesterday. Therefore, it can be assumed that the investment market will continue to fluctuate this May due to interest rate cut-related topics.