Tonight's Data:
At 8:30 PM tonight, the U.S. will release the March CPI data. The current dilemma for the Federal Reserve: Should they cut interest rates to hedge against tariffs (positive for the crypto market) or raise interest rates to combat inflation (negative for the crypto market)? If the CPI is higher than expected, it will be negative for the crypto market and may experience a drop. If it is lower than expected, it will be positive for both the crypto market and U.S. stocks, which will continue to rebound.
Due to tariffs, American citizens have been stockpiling goods in advance, leading to an increase in prices, which will likely exceed expectations and bring a slight negative impact.
$BTC
$ETH
At 8:30 PM tonight, the U.S. will release the March CPI data. The current dilemma for the Federal Reserve: Should they cut interest rates to hedge against tariffs (positive for the crypto market) or raise interest rates to combat inflation (negative for the crypto market)? If the CPI is higher than expected, it will be negative for the crypto market and may experience a drop. If it is lower than expected, it will be positive for both the crypto market and U.S. stocks, which will continue to rebound.
Due to tariffs, American citizens have been stockpiling goods in advance, leading to an increase in prices, which will likely exceed expectations and bring a slight negative impact.
$BTC
$ETH