Is the cryptocurrency market going to explode?
The U.S. CPI in March was higher than expected, which is bad news for the cryptocurrency market! Inflation still hasn't fallen. The annual rate of 3.5% is higher than the previous value of 3.4%. The probability of a rate cut in June has disappeared, and a rate cut in July is not stable. The bull market has been delayed, brothers! Entering the consolidation phase, traders expect only two rate cuts this year, but the Fed's dot plot predicts three rate cuts. According to the Fed's nature, it depends on the data release to decide whether it will be three or two.
Another opportunity to lay out the big cake ecosystem STX and Ethereum ecosystem! The battle line is extended. Brothers, hold the chips in your hands and wait for the wind to rise!
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