On August $BTC 12, the United States published data on the Consumer Price Index (CPI). The indicator remained at 2.7%, contrary to the forecast of 2.8%. At that time, the probability of a rate cut at the Fed meeting in September jumped to 93.9%.

However, investor optimism was dampened by the Producer Price Index (PPI) for July, which rose by 3.3% against the expected 2.5%. According to Liu, this reduced hopes for a monetary policy easing by the Federal Reserve, strengthened the dollar, and prompted market participants to move away from risks. $ETH .$XRP .#PowellWatch .#AltcoinSeasonLoading .#MetaplanetBTCPurchase .#CPIWatch .#越南加密政策