Global Indices & Fear & Greed Index

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U.S. Core PPI Falls to 4.9% in May, Below 5.4% Forecast

According to data released, U.S. core Producer Price Index (PPI) rose 4.9% year-over-year in May, missing consensus expectations of 5.4% and declining from the prior month's 5.2%, signaling easing inflation pressures in producer
GateNews·06-11 12:31

How big is the impact of CPI on the BTC market? With inflation data at 4.2%, how will rate-hike expectations hit the crypto market?

In May, the Consumer Price Index returned to above 4% for the first time in three years, with energy prices becoming the key driver. Compared with April, the mild performance of core inflation formed a split combination of overall heat and an restrained core. This structural “temperature difference” not only makes the rate-hike path increasingly hard to pin down, but also directly affects the pricing benchmark of crypto assets in a strong-US-dollar environment. According to data from the U.S. De
BTC0.10%
XAUUSD0.18%
USIDX0.09%
NAS1000.84%
GateInstantTrends·06-11 11:29
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