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The data itself: This Michigan Consumer Confidence Index exceeded expectations, indicating that American residents' concerns about the economy and employment are easing, and consumer willingness is not as weak. This further delays and suppresses bets on the Federal Reserve cutting interest rates.
In the short term, it is slightly bearish, suppressing the rebound momentum of Bitcoin and Ethereum, especially since Ethereum's volatility will be greater. Overall, it still depends on subsequent changes in the dollar and interest rate cut expectations.
#加密市场行情震荡 #Gate13周年现场直击 #btc #eth