The cryptocurrency market, under the pressure of the US agenda, has not been able to realize the expected potential rise. Currently, the crypto industry is waiting with curiosity to see what the next move will be.

The leading cryptocurrency Bitcoin (BTC) has remained almost flat over the past 24 hours. BTC has increased by about 1% compared to the previous day.

US presidential candidate Donald Trump's X (formerly Twitter) account, which has approximately 90 million followers, has become active again. Trump organized a "spaces" event with Elon Musk on X. There were expectations that cryptocurrencies and Bitcoin would be discussed at this event. However, although BTC approached $60,000 towards nighttime, it could not exceed this level. No talk was made about cryptocurrencies at the event, and BTC fell back to $59,000.

Uncertainty continues in the cryptocurrency market. The expected benefit from Donald Trump and Elon Musk's spaces event was not achieved and the hopes for an increase were replaced by new developments. Today, US producer price index (PPI) data will be released. US producer inflation stands out as an important indicator for the crypto market. The release of this data may cause BTC to move in the afternoon.

If the PPI data comes in below expectations, BTC may see a movement of around 2%. This movement may be upward.

The PPI will also provide clues about the consumer price index (CPI) to be announced on August 14. BTC will move with data on the US economy on August 13 and 14. The $60,000 and $62,000 levels stand out as important resistance points for BTC. In a negative environment, BTC will use $57,500 as a support point. It is predicted that the price could fall to $55,000 if this support is broken.

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So who can benefit?

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I EXPLAIN IN DETAILED.

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WHEN WILL THE REWARD COME?

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You can share this post with your friends in need so that they can also benefit from it.

IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.