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At 20:30 tonight, the United States will release the May Core PCE ( Personal Consumption Expenditures ) data, which is considered one of the important inflation indicators that The Federal Reserve (FED) follows. The market generally expects this data to potentially bring Favourable Information.
As this key economic data is about to be released, cryptocurrency market investors are waiting with bated breath. The data release is expected to trigger significant market volatility, and investors need to closely follow market trends and adjust their investment strategies in a timely manner.
How should investors respond in the current market environment? Some analysts suggest that attention can be given to promising cryptocurrency projects like SAHARA, HIFI, and KMD. At the same time, it is important to closely follow the performance of Hong Kong cryptocurrency concept stocks, as this may reflect the overall attitude of the Asian market towards cryptocurrencies.
However, investors should also bear in mind that the cryptocurrency market is highly volatile, and investment decisions need to be based on thorough research and risk assessment. Regardless of how the market changes, maintaining a rational and cautious investment attitude is always a wise choice.