Odaily星球日报讯 美国核心 CPI 回落至三年低位，美元指数 DXY 短线急挫近 50 点，现报 104.58。（金十）

美元指数DXY短线急挫近50点，现报104.58

Odaily Odaily reported that the US core CPI fell back to a three-year low, and the US dollar index DXY fell sharply by nearly 50 points in the short term, now at 104.58. (Jinshi)

The US dollar index DXY fell nearly 50 points in the short term and is now at 104.58

Odaily Odaily reported that the annual rate of the US core CPI in May was 3.4%, lower than the expected level of 3.5%, the lowest level since April 2021. Traders expect the possibility of the Federal Reserve cutting interest rates to increase. (Jinshi)

U.S. core CPI falls to three-year low as traders expect the Fed to cut interest rates

Bitcoin once again failed to challenge the downward trend line and has been falling since last Thursday. It fell from US$69,552 to US$68,000 at 8 o'clock this morning. The decline of other Altcoin was even more obvious.
It should be noted that the two major events that the global investment market is paying attention to, "Consumer Price Index (CPI)" and "Federal Reserve Interest Rate Decision" will be announced simultaneously this Wednesday. It can be expected that both the U.S. stock market and the cryptocurrency market will usher in violent two-way fluctuations.
- CPI annual growth rate: previous value 3.4%, expected 3.4%.
- Core CPI annual growth rate: ex...

Bitcoin drops below $68,000! CPI and FOMC will be announced tomorrow, and the market may see two-way fluctuations

Odaily Odaily News Market analysis pointed out that Bitcoin fell below the $67,000 mark on Tuesday, which was related to this week's consumer price index report and the release of the Federal Reserve's monetary policy statement on Wednesday. Investors expect the Federal Reserve to have little room for maneuver, as a sharp increase in jobs in May reduced expectations for the Fed's first rate cut in September. Deribit CEO Luuk Strijers said traders may be more conservative and may reduce risk exposure or use option strategies for hedging until the economic outlook becomes clearer. The implied volatility of Bitcoin and Ethereum has fallen across the board, and despite this short-term uncertainty, the benchmark yields and call option tilts for all listed expiration dates remain high. (TheBlock)