Wednesday will be crucial day for Bitcoin

The attention of the entire market has shifted to Wednesday, August 10, as the data on the consumer price index (CPI) in the US is expected to be released on this day!

Let me remind you that at the moment the value of the indicator is 9.1%, and the forecast for the current month is made for a decrease to 8.7%.
Inflation data may change the Fed's expectations for further actions and have an impact on all markets. The output of indicators higher than expected is negative, if we see a decrease in inflation, then this should lead to positive on the markets.
But even such understandable patterns can now fail. After all, for example, data on the labor market were released on Friday and they were quite positive, but the markets reacted negatively and fell. 

Markets are waiting for the next news and updates on the US economy. Crypto has lost its independence since 2020, now you have to live with the fund and the situation in America.

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