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Bitcoin (BTC), Ethereum (ETH) more than 2000 yuan, with the decline of US CPI inflation rate
US inflation and employment data mainly affect the Cryptocurrency market, especially the price of Bitcoin. It has been reported that due to the continued tension in the US labor market, the Federal Reserve is expected to raise interest rates in July after maintaining interest rates unchanged last month
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Due to Bitcoin traders being prepared for CPI fluctuations, BTC prices are concentrated at $26000
BTCBitcoin prices between trend lines in inchesAccording to data from CointelegraphMarketsPro and TradeView, BTC/USD is attempting to recover its support level of $26000 after the daily close.Despite legal action and market preparations for a series of macroeconomic data releases in the United States, the two started the week surprisingly calm
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Tonight CPI Lido, Ethereum explodes 1900?
The May CPI report of the United States will be released tonight (Tuesday). After reaching a peak of over 9% in June last year, the CPI has been showing a downward trend
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Due to investors waiting for CPI inflation data to be sorted horizontally by Bitcoin to reach $27500
Investors will pay attention to the April Consumer Price Index released on Wednesday to find clues about the Federal Reserve's next monetary policy decision, as the stock market falls.Due to investors waiting for the latest US inflation report on Wednesday, Bitcoin traded sideways at around $27000 on Tuesday