HawkInsight

  • Contact Us
  • App
  • English

10x Research: Bitcoin's year-to-date performance is far below expectations, and the market focuses on the CPI to be released on July 15

According to online reports, according to an analysis published by 10x Research, despite the influx of more than US$63 billion in liquidity into the crypto market, Bitcoin has only risen by 13% year-to-date, and its performance is far below expectations. Inflation has dropped from 3.5% in April 2024 to remain at 2.4% for three consecutive months, below the more than 3% previously warned by Federal Reserve Chairman Powell. At the same time, the unemployment rate has stabilized at 4.2% for nearly a year, defeating fears of a worsening labor market. As the inflation window triggered by tariffs narrows, everyone's eyes are on the upcoming CPI released on July 15.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More