Gate.io Suggested Topics Posting Event: #CPI Data Drops#
✍️ Please include the topic #CPI Data Drops# in your post.
💰 5 quality posters * each receive $10 Points
The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
⚠️ Notes: Plagiarism is prohibi
A few days ago, a fan with over ten thousand followers said BTC is continuously falling, so I commented below, saying it's impossible and explained my reasons. The host and his followers directly criticized me. My reason is a rhetorical question: go and see who the upcoming encryption advisor for the USA is? Firstly, all coins, including BTC, will definitely fall, but BTC is not falling now. Because the favorable information is enough to make BTC hold on for at least another month.