Crypto Coins What could be better for? Last week, the employment figures were terrible and the conditions for the Fed to reduce interest rates were too mature. The PPI data that came today was much more supportive for interest rate cuts. If the CPI does not sound bad tomorrow, this will make the environment extremely suitable for crypto currencies. The last quarter can start well.
Crypto Money Rise
BTC price The lock in $ 113,500 touched the threshold and protects $ 112,500 in support level. The data came good today, but there is no incredible festive atmosphere because the core Piece is high compared to the previous months. Exit Strategy, who draws attention to this, said no shock rise.
Even though the figures are well below expectation, the soft descent of the Fed has disappeared. What made this data meaningful and positive was the apocalypse scenarios that we will see incredibly rise in inflation with the effect of tariffs ”. The market has been prepared by the FED, and this extremely priced apocalypse scenario is now balanced.
AnlCNC1 wrote that a stronger movement up to $ 116,000 may have been opened due to the needle of the seller’s order block at 113,500 dollars.
PPI data and last quarter
Tariffs do not bring incredible inflation increase, but employment is terrible. So the Fed should download interest rates. It should download it quickly because of the Powell Jackson Hole meeting while giving an interest rate reduction signal Pip He said it was extremely high, despite this discount. Now, while the PPI is resting, even with a discount of 50bp, it can return to the interest rate discount route.
As a matter of fact, according to Fedwatch data, the expectation of 50BP discounts has exceeded 10 %today. 75BP discount before the end of the year was based on 75 percent. The management of the Bureau of Statistics of the Working Statistics soon and Trump With the disappearance of data revisions against it, conditions can improve further.
If the FED maintains interest rate cuts in the last quarter, this situation Altcoin ETF It will mean that crypto currencies have a stronger rise in better conditions, combining with their approval, historical rise forecasts and other major developments.
The stock market maturity experienced an increase, the treasury returns are slightly negative. The figures are still over 2 percent target of the FED and yesterday, BLS will focus on employment -oriented monetary policy, not inflation, because it has made close to 1 million employment revisions in 1 year. So 2 %is no longer a word, no soft landing.
Trump wrote again on the stage at 16:08;
“It has just been announced: Inflation no!!! The Pow Powell, which is too late ”, has to reduce the interest rate immediately. Powell is a complete disaster, he doesn’t know anything !!! “
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 perform their operations in line with their own research.
