U.S. CPI for September came in above expectations, while several Fed officials said rate hikes are not “imminent.” Gold and silver prices fluctuated sharply overnight, with the proportion of bullish positions in both metals declining only slightly.
The market is now quite sensitive to macroeconomic news, and even a small surprise can easily trigger a noticeable reaction. As for timing, this news came out during trading hours, so its impact may be felt sooner.
$BTC is currently trading at 81216.04.
#BTC
This is just my opinion; invest at your own risk.
The market is now quite sensitive to macroeconomic news, and even a small surprise can easily trigger a noticeable reaction. As for timing, this news came out during trading hours, so its impact may be felt sooner.
$BTC is currently trading at 81216.04.
#BTC
This is just my opinion; invest at your own risk.