According to the latest report from Matrixport Research Institute, the recent market highlights are:
CPI has been lower than market expectations for two consecutive months, which is good for the venture capital market
The Fed does not rule out providing incentives at the end of the year, which is good for BTC prices
The Fed's hawkish attitude is eye-catching, and there is a possibility of a slight shift to a dovish attitude at the end of the year
This week is a big macro week. The US CPI, PPI and economic data released by the Fed meeting are relatively good for the venture capital market. However, the crypto market has not responded well, which is in sharp contrast to the US stock market. Lower inflation data and the Fed's slightly hawkish stance may have a confusing signal effect on BTC.
CPI data has been lower than last month for two consecutive months, which is good for BTC prices! $BTC