This week's macroeconomic data, including the Consumer Price Index (CPI) and the Producer Price Index (PPI), will have an important impact on the short-term trading of Bitcoin and other risky assets. Although the market expects the Federal Reserve to pause its interest rate hikes, the minutes of the Federal Open Market Committee (FOMC) show that Fed officials are still trying to cool down the market's expectations (Cointelegraph). Therefore, short-term economic data will be one of the key factors affecting the price trend of $BTC Bitcoin.
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