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#BTC☀️
Soon, the 📣 US Consumer Price Index (CPI) annual report will be released ( at 16:30 Jordan and Mecca time, and it will attract significant attention from the US Federal Reserve staff, headed by Jerome Powell.
The previous figure was 3.0%, and the expected figure is 3.1%. If the actual number is lower than expected, it will support the trend of cutting interest rates in the next meeting, which will open the appetite for foreign investment capital and high-liquidity portfolios to invest in high-risk markets like crypto, especially Bitcoin, and hold them for the long term. As a result, interest in other digital currencies will increase, and the market will see a noticeable rebound and recovery.
Therefore, the market will experience high-risk 📈 📉 volatility after the report is released.
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#Digital_Currencies