Last night, the US CPI data was better than expected, and the three major US stock indexes opened and closed higher, but what disappointed many people was that the crypto market has gone out of the trend of shock and downward movement, especially Bitcoin fell below $60,000, falling to a minimum of $58,442, and Ethereum fell to a minimum of $2,632. The altcoin market is even more of a general decline, and even if there are some that appear on the list of gains, they are short-lived.
The market trend at this moment is a temporary influence of many unfavorable factors, especially the strange phenomenon in the interview between Trump and Musk. They did not mention cryptocurrencies at all. Is it true? In addition, whether Trump can move into the White House is a bit uncertain. Harris's momentum is higher than Trump, especially Harris's attitude towards cryptocurrencies is the same as that of the current US SEC Chairman. The mess of altcoins still comes from endless unlocking, and the recent eagerness of a certain Yi and Binance platforms to remove the so-called non-compliant currencies, which also prompted whales and institutions to be wary of altcoin operations.
KP92877 is handed over. In terms of operation, pay attention to changes in the news, explore narrative coins, and avoid frequently unlocked coins and coins suspected of being delisted.
#Cryptomarket rebound#USPPI in July is lower than expected#USCPI data will be released soon