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Analysts say that the CPI data will not prompt the Federal Reserve to cut interest rates by 50 basis points, even though the overall CPI and core CPI changes for this month are in line with expectations, the actual index levels for both are slightly lower than expected, helping to reduce the annual CPI rate from the expected 3.0% to 2.9%. This is the lowest level since March 2021. Inflation in the housing sector rose slightly again, up 0.4% this month compared to 0.2% in June, while the general super core services index (such as basic services that do not include housing) rose 0.21% this month

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Market reports today expected the cryptocurrency market to be accompanied by a significant downturn. The futures market is facing a new wave of collapse, as consecutive support levels for Bitcoin and Ethereum are lost. The altcoin market has turned into chaos. In fact, this major drop in the cryptocurrency market is linked to the issue of interest rate cuts in the United States. Expectations indicate that the cut will definitely be implemented in September, but the market generally believes that the implementation of the cut will lead to a big dump. On the other hand, concerns are focused on t

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The market value is expected to be about 150 million yuan around the 27th. We will focus entirely on the sol platform, such as WIF and PYTH, and expect an ETF in the medium to long term next year. It is expected to double or triple. Keep a hundred foreign currencies for playing in meme currencies.

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