The latest economic data from the United States doesn't look good, with the core inflation indicator PCE dropping to its lowest level since last June. This has led many to believe that the Federal Reserve may start cutting interest rates and easing monetary policy, while Bitcoin is currently fluctuating around $95,000.

Recent economic data has been worse than expected, with the economy actually shrinking in the first quarter and job growth clearly slowing down. These signals have made the market think that the Federal Reserve might shift towards a loose monetary policy, which could be a positive sign for cryptocurrencies.

However, after the news broke, Bitcoin still fell below $93,000, and other major coins followed suit, causing the entire crypto market to lose nearly 4% in market value. The market now expects more than four interest rate cuts this year, and how the Federal Reserve balances controlling inflation and preventing an economic recession will be a key factor affecting the market.

The market continues to change, and we are closely monitoring it to seize new entry opportunities. Like and comment to navigate the bull market together and seize this major opportunity.