TSI will be announced in the US today at 15.30 Consumer Price Index (CPI) data will be announced. Data will either be a savior for Jerome Powell, who is stuck in the corner due to the harsh interest rate cut of US President Donald Trump, or to surrender to Trump’s calls. Analyst Paul Barroninflation that is lower than expected can fire the crypto currency market. Seeing the highest level of all time with 123 thousand dollars Bitcoin 
$121,394.05It is said that the data to be announced can rise to 130 thousand dollars at the end of the month. It is certain that the data will determine the direction of the market in the short term.
How is June inflation data expected to come?
June inflationFlour is expected to increase to 2.6 percent annually. However, if the data falls below 2.4 percent, the expectation of the Fed will be strengthened by the interest rate cutting calendar early. Cheaper money to increase the risk appetite of fund flow from shares and bonds crypto currencycan shift. Markets are currently pricing two interest rate cuts by the end of the year in FED fund futures.
Barron, the liquidity explosion to be triggered by positive data flow will break Bitcoin from classical indices. evaluating. For him Ethereum 
$3,060.16 And XRP Big Altcoins such as the “escape route” will receive a share. The analyst predicts that if the request for Spot ETF is re -accelerated, it will rise to the base scenario status, not optimistic for Bitcoin.
The pressure on the Fed increased
Trump calls Powell to download interest quickly at every opportunity, FedThe renovation cost of the central building in Washington increased to $ 2.5 billion, exceeding $ 700 million. Congress members demanded transparency for the renovation of the Fed’s central building, while Powell had to emphasize that tax revenue was not used. The resulting scandal has been tested by Fed’s credibility and increased the pressure on Powell and his friends.
On the other hand, the House of Representatives will vote for three draft laws within the scope of the “Crypto Money Week” this week. From the draft laws to be voted CLARITY Act While clarifying crypto money definitions, Anti-CBDC Surveillance State LawThe state will brake the digital money on the grounds of confidentiality. Genius law will determine the rules of stablecoin. Barron says the unification of the regulatory clarity of the laws to be played with possible interest rate cuts will offer a bidirectional rise catalyst to crypto currencies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
