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Trump's Election Odds Are Unrelated to Bitcoin's Price: Data Reveals the TruthWhile whispers abound about a strong positive correlation between Bitcoin's (BTC) recent price performance and the odds of Republican candidate Donald Trump winning the US presidency, market data reveals the truth: there's no clear connection between the two.Since Trump met with Bitcoin miners in mid-June, crypto market experts have linked the Republican candidate's odds in betting markets to the price of Bitcoin

The latest CPI data revealed yesterday revealed the fluctuation analysis of the cryptocurrency marketIn the current financial market, the importance of data cannot be overstated. Especially for the cryptocurrency market, investors often use data to capture market trends and understand macroeconomic conditions

Cryptocurrency market volatility: Impact of CPI data and market interpretationThe US Department of Labor recently released the consumer price index (CPI) data that has attracted much attention in the market. It showed that the Consumer Price Index increased by 0

Cryptocurrency Market Volatility: Interpretation of US CPI Data and Market TrendsIntroductionRecently, the cryptocurrency market has attracted much attention, especially after the release of Consumer Price Index (CPI) data, which has triggered market fluctuations and investors' interest. This article will delve into this highly anticipated CPI data and explore the current dynamics and future trends of the cryptocurrency market

Bitcoin and Ethereum Futures Plunged on Wednesday Ahead of CPI Data Release, Briefly Surged EarlierThe CME Bitcoin futures contract (BTC) closed at $59,365.00 in New York on Wednesday, down 3

Bitcoin Market Experiences Wild Fluctuations: CPI Data Positive, But Rebound WeakThe Bitcoin market saw significant volatility on Wednesday. After a rebound yesterday, the price fell back to around the $61,000 level in the early morning and continued to fluctuate within that range, failing to show a strong further rebound

Fed to Release CPI Data Tonight, Accumulate Positions Before August 20th, Bull Market in the Second Half is Imminent!The Federal Reserve will release July CPI data at 8:30 PM tonight, which will directly impact market expectations for a September interest rate cut and have a significant impact on the crypto market. The market currently lacks liquidity, and hot topics can be manipulated

Bitcoin Breaks $61,000, CPI Data to be Key, What's Next for the Market?The data is set to be released, and Ethereum prices have crossed the $2,700 mark among altcoins. Other top 10 altcoins are fluctuating within their initial price ranges

US Inflation Data Hints at Rate Cut, Bitcoin Market Remains CautiousFinancial markets rose broadly in early trading Tuesday, after the release of US July Producer Price Index (PPI) data showed cooling inflation, offering further room for the Federal Reserve to cut interest rates.PPI Data Hints at Potential Rate CutThe US Labor Department reported that the PPI rose 0

Crypto Market Volatility: Key Events This Week, from Ethereum ETFs to CPI DataThis week, the cryptocurrency market will be buzzing with a series of significant events that could greatly influence market movements. Investors and crypto enthusiasts need to pay close attention and adjust their strategies accordingly

CPI Data Release Tonight: Will the Crypto Market See Another Shakeout?Introduction:Tonight, the highly anticipated CPI data will be released, once again becoming a major indicator for the cryptocurrency market. Historically, every release of CPI data has led to volatile market movements, with bulls and bears engaging in fierce battles

Market Overview In observance of Good Friday, financial markets in Europe and North America remained closed, while energy, precious metal, foreign exchange, equity index, and US Treasury futures trading at the Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) were suspended for the entire day. Activity in the foreign exchange market was relatively subdued during the quiet holiday period