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
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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