The logic behind the plunge and future prospects

The crypto market has suffered a heavy blow recently, with Bitcoin leading the decline and market panic spreading. The core cause of this plunge is the large-scale transfer of Bitcoin to Coinbase by the US government. This move is like a frightened bird, instantly triggering a wave of market selling.

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The root cause is that the July CPI data is lower than expected, and there are obvious signs of slowing inflation, which may indicate a slowdown in the pace of global economic recovery, indirectly affecting the attractiveness of cryptocurrencies as risky assets.

Is this turmoil a good opportunity to buy at the bottom or a warning to escape? The key lies in the accurate grasp of subsequent economic data and policy trends. For investors, they need to remain calm, carefully assess their personal risk tolerance, and flexibly adjust their investment strategies to cope with market uncertainties. #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #WBTC #TON