The following are some of the time points that will have a significant impact on the cryptocurrency market this week. The most important of these is the July CPI data that will be released by the US at 8:30 pm on Wednesday, the 14th. This data will basically determine whether the Federal Reserve will start its first interest rate cut in September. It is expected that it will cause significant fluctuations in the cryptocurrency market in the short term. Contract traders must be prepared in advance. Judging from all aspects of information, the start of interest rate cuts in September is almost a foregone conclusion. The key is whether the first interest rate cut will be 25 or 50 basis points. The CPI data released on the evening of the 14th has become the key point for the US interest rate decision.