The Bitcoin price has not yet reached the desired levels after the major drop on August 5. Investors maintain their hopes as the major losses experienced by altcoins have reversed. The current status of cryptocurrencies and analysts' comments to investors as of August 13 are noteworthy.
Analysts at QCP Capital have shared their latest macroeconomic and crypto analysis. They noted that Japanese stock prices have returned to pre-crash levels. However, investors remain cautious ahead of the US CPI figures to be released this week. They also highlighted that ETH spot ETFs have totaled over $901 million after net inflows, providing strong support for the ETH price.
The fact that the producer inflation data came in below expectations has boosted investors’ morale. A decline is also expected in the consumer inflation data to be announced tomorrow. This situation may cause the Fed to take more courageous steps regarding interest rate cuts. The worse than expected employment data has increased the pressure on the Fed. Tomorrow’s positive inflation data may pave the way for a new period of rise in cryptocurrencies and stocks.
US CPI figures should be watched carefully.
The Fed's interest rate cut decisions could affect crypto prices.
ETH spot ETF inflows should be monitored.
Powell and his team are expected to start cutting interest rates this year with a target of 75 basis points. A 50 basis point cut at one of the three meetings to be held by the end of the year starting in September could be a significant catalyst for the BTC price.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
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.