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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Let's analyze #Bitcoin
Inflation data will be released today at 15:30 in the USA. The expectation for headline inflation is 3%, while for core inflation is 5%. S&P gives a positive reaction between 0.5% and 1% for a data below the expectation. Beyond the instantaneous market reaction, the improvement in the inflation data will create a relief in the FED's tightening schedule. In a strong inflation data, a situation arises where the dollar will strengthen and risky assets will be sold. In addition, the second quarter balance sheets will begin to arrive in the USA this week. If the company's profits exceed the expectations, it will have a positive effect as it may temporarily reduce the market's recession expectation.
keep an eye on the dxy index
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