Recent economic data released in the United States has attracted the attention of the crypto assets market. This data not only reflects the economic situation but may also have a profound impact on the digital asset market.



The initial value of the one-year inflation rate expectation for August reached 4.5%, exceeding previous expectations and the prior value. This data suggests that the U.S. may face sustained inflationary pressures, which could lead the Federal Reserve to take further interest rate hike measures. If interest rate hikes become a reality, the appeal of the U.S. dollar may increase, potentially triggering funds to flow out of risk asset markets such as Crypto Assets.

The June business inventory month-on-month rate shows 0.3%, which is higher than expected and previous values, indicating that the U.S. economy is gradually recovering. Economic recovery may have a dual impact: on one hand, an improving economy may increase investors' risk appetite, prompting more funds to flow into the crypto market; on the other hand, if the recovery is insufficient, investors may adopt a more cautious attitude.

The University of Michigan Consumer Sentiment Index actual value is 60, lower than expected and previous values. This reflects American consumers' concerns about the economic outlook, which may lead to a decline in consumption and investment willingness. During periods of low market confidence, high-risk investment areas such as the Crypto Assets market may be affected.

Overall, the crypto assets market may face some pressure in the short term. However, market fluctuations may also present investment opportunities. History shows that after market adjustments, high-quality projects often rebound significantly.

For investors, following these economic data is crucial as they can serve as an important reference for judging market trends. However, it is important to note that a single data point may only reflect short-term trends, while the long-term market direction requires analysis of multiple factors.

In the current market environment, investors should maintain a cautious attitude, closely follow changes in economic data, and also consider factors such as the fundamentals and technological developments in the Crypto Assets industry to make more comprehensive investment decisions.
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SchroedingerAirdropvip
· 8h ago
Both rise and fall, let's talk about it after the foundation is set.
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DeFi_Dad_Jokesvip
· 9h ago
No one can see through the bull and bear market trends.
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NFTRegretfulvip
· 9h ago
Bearish on this wave, don't go all in.
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MintMastervip
· 9h ago
Born as a coin
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CryptoNomicsvip
· 9h ago
*sigh* yet another simplistic correlation analysis... my regression models show r^2 = 0.38 for cpi-btc causation
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