What's Next? Bitcoin, the Fed, and Cryptocurrencies
Summary The first interest rate cut expectation for this year has been delayed to September, and the expectation of 2 annual cuts has decreased to 1. If BTC can continue to close above 91,500 dollars, we may see a rapid rise in case of good data. The inflation data to be released next week is extremely important, and despite a 10% increase in DXY, BTC has increased significantly. #ETH##GateioInto11##ContentStar##BOME##SLERF#
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What's Next? Bitcoin, the Fed, and Cryptocurrencies
Summary
The first interest rate cut expectation for this year has been delayed to September, and the expectation of 2 annual cuts has decreased to 1.
If BTC can continue to close above 91,500 dollars, we may see a rapid rise in case of good data.
The inflation data to be released next week is extremely important, and despite a 10% increase in DXY, BTC has increased significantly.
#ETH# #GateioInto11# #ContentStar# #BOME# #SLERF#