This week, the Crypto Assets market has shown Fluctuation again, with Ethereum's price breaking its historical high, reaching $4888. However, Bitcoin's performance seems to be underwhelming, appearing somewhat lackluster. This inconsistent market trend suggests that there may be wide-ranging oscillations in the coming week.



The latest speech by the Federal Reserve Chairman, while releasing a mild signal, still retains a certain degree of flexibility. He stated that whether there will be an interest rate cut in September will depend on the upcoming employment and inflation data. If inflation does not decline significantly, but the job market deteriorates, the possibility of an interest rate cut will increase.

However, recent changes in the leadership of the statistics bureau may have a subtle impact on data releases. The quality of employment data could be interpreted as an unfavorable factor, putting policymakers in a dilemma. In this context, inflation indicators such as PCE and CPI may become key to decision-making. However, considering the ongoing impact of tariff policies, these indicators may also struggle to show a significant decline.

Market participants are now focusing on the upcoming PCE data to be released next week. Although expectations are not very optimistic, this data will undoubtedly have a significant impact on future market trends and policy directions. In this uncertain environment, investors need to remain vigilant and closely monitor changes in various economic indicators.
ETH0.66%
BTC-0.87%
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BagHolderTillRetirevip
· 1h ago
Bear Market has sent away a group of suckers
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GasFeeCryvip
· 08-23 05:50
The data is all fake.
View OriginalReply0
HashRatePhilosophervip
· 08-23 05:34
Is BTC still in a bear market?
View OriginalReply0
FUD_Whisperervip
· 08-23 05:31
When can we bear?
View OriginalReply0
ForkTroopervip
· 08-23 05:27
eth finally rose, bull!
View OriginalReply0
ForkYouPayMevip
· 08-23 05:22
Another nightmare for the suckers.
View OriginalReply0
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