Good morning, all friends in the cryptocurrency circle. The short-term trend of Bitcoin shows signs of a second bottoming out. The support near 66k is strong, and the overall trend remains bullish!
The recent correction of copycat targets is large. As time goes by, everything will slowly get better, but the premise is that you must stick to it!
In terms of data, data released by the U.S. Bureau of Labor Statistics on Thursday showed that the annual rate of PPI in May was 2.2%, lower than the expected 2.50%, and the producer price index (PPI) fell by the largest margin in 7 months, indicating that U.S. inflation pressure is easing, which will accelerate the pace of future interest rate cuts!
U.S. stocks closed mixed on Thursday, with the Dow Jones falling for the third consecutive day. Both the Nasdaq and the S&P 500 recorded their fourth consecutive day of gains and set new historical highs
