At 8:30 tonight, the highly anticipated CPI data is about to be released. The recent fluctuation in the Crypto Assets market, especially the pullback of Bitcoin, seems to be waiting for the arrival of this important economic indicator. This data is not only related to future interest rate cut expectations but may also have a profound impact on the entire Crypto Assets market.



It is widely believed in the industry that an interest rate cut in September has become a foregone conclusion, with the key being the magnitude of the cut. The market expects it to be between 25 to 50 basis points, and the final result will depend on the specific direction of economic data. If the rate cut reaches 50 basis points, it could bring strong benefits to the Crypto Assets market, and the price of Bitcoin is expected to reach a new high.

It is worth noting that as long as the CPI data does not show significant deviation from expectations, Bitcoin is still expected to break through previous highs this week. Currently, the market liquidity structure still leans towards the bulls, which provides favorable conditions for price increases.

However, investors still need to exercise caution and closely monitor the market's immediate reaction after the CPI data release. The relationship between economic indicators and the Crypto Assets market is complex and variable, and a single factor cannot determine the price direction. In any case, tonight's data release will undoubtedly serve as an important barometer for the recent market direction.
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TokenUnlockervip
· 10h ago
Here comes another wave of pump hope?
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MEVHunterLuckyvip
· 08-12 16:52
It just depends on how many points there are, then it's done.
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GasDevourervip
· 08-12 08:48
Let's bet 50 points tonight!
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GasOptimizervip
· 08-12 08:48
BTC still has upward momentum.
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SneakyFlashloanvip
· 08-12 08:43
It's funny, but we still have to eat according to CPI's face.
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