On January 13, US economic data was released. The December unadjusted CPI year-over-year was 2.7%, in line with expectations; core CPI year-over-year was 2.6%, consistent with the previous value. While this set of data did not exceed market expectations, it also did not trigger inflation concerns. From a trading perspective, this result is slightly bullish for the crypto market—moderate and controllable economic data means more room for policy adjustments, which usually provides support for risk assets like Bitcoin. Keep an eye on whether the Federal Reserve's attitude in the coming weeks will further release positive signals.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
3
Repost
Share
Comment
0/400
SerumSquirter
· 01-13 14:54
This data is nothing special, but it's enough for us. If the Federal Reserve still has room to maneuver, Bitcoin has a chance.
View OriginalReply0
SnapshotStriker
· 01-13 14:49
Data meeting expectations is the best expectation; now it depends on how Powell will comment afterward.
View OriginalReply0
GlueGuy
· 01-13 14:39
As soon as the data came out, I kept watching the screen. Luckily, there was no爆雷, and it feels like this wave is stable.
If the Federal Reserve can deliver some good news, it would be perfect—Bitcoin would be saved.
Mild inflation is the most comfortable, and having ample policy space is the honey in the crypto world.
It's not as pessimistic as I imagined, and that's enough.
It sounds like paving the way for a bull market, but we still need to see how the Federal Reserve moves next.
CPI has stabilized, and I still feel there's hope.
On January 13, US economic data was released. The December unadjusted CPI year-over-year was 2.7%, in line with expectations; core CPI year-over-year was 2.6%, consistent with the previous value. While this set of data did not exceed market expectations, it also did not trigger inflation concerns. From a trading perspective, this result is slightly bullish for the crypto market—moderate and controllable economic data means more room for policy adjustments, which usually provides support for risk assets like Bitcoin. Keep an eye on whether the Federal Reserve's attitude in the coming weeks will further release positive signals.