US inflation data came in lower than expected. It is moving in parallel with my estimate from yesterday, #BTC and #ETH . Yesterday, all cryptocurrencies and tokens showed a decline. Meme tokens like #ShibaInu $SHIB , DOGE showed an even faster decline. Today, the rising crypto market with inflation data will determine its direction with the FED interest rate decision in 6 hours. If the FED cuts interest rates by 25 basis points, the rise will continue. If the FED keeps interest rates steady, it will continue to move sideways.

BNB0,03%
ETC-2,42%
FIL-2,04%
TON4,4%
DOT-1,54%
OP-0,14%
WIF-2,06%
ENA-0,92%
IO-1,44%
ONDO-3,82%
SOL-0,38%
BTC-0,92%
ETH0,13%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)