US Treasury Secretary Cautious About Low Inflation Data! FTX Tension in Bitcoin!

Inflation data, which came below expectations yesterday, caused sharp rises in risky markets that had been under pressure for a long time.

Nasdaq It closed the day with a 7.5% rise yesterday, recording its highest single-day gain since 2020. We see that US futures maintain their optimistic attitude today and are in the positive zone.

FTXExpectations that will go bankrupt cryptocurrency Although it prevented the risk appetite in the markets to rise, Bitcoin managed to rise above $17,000 again.

While global markets relax with low inflation data, the news from FTX is followed in Bitcoin.

There was also a comment from the US Treasury Secretary Janet Yellen regarding inflation.

Speaking to Reuters, the Minister said that it is good to see that the upward pressure on inflation is easing, but it is still unclear whether inflation has reached a turning point to decrease to lower levels.

“It’s certainly nice to see some inflation data that came in below expectations. We actually saw early signs that inflation might come down. But I don’t know if this is a turning point.”

Although Yellen is cautious about the data, we see that the 9-month uptrend in DXY has been broken after these data.

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