Bitcoin (BTC) and cryptocurrencies This week and next week are important for you. Because the USA, which is closely followed in BTC this week, inflation with data PPI data was announced.
If next week Fed will announce the interest rate decision.
Although the US inflation data came above expectations, this situation was received calmly by Bitcoin and crypto markets. BTC It maintained the $26,000 level.
The FED, which will announce its interest rate decision next week, states that it will determine its next move in monetary policy according to the incoming inflation data. According to CME FED Watch, the probability of not increasing the interest rate in September is priced at 97% despite the inflation data coming in above expectations.
At this point, while BTC maintains its horizontal course at $ 26,000, it appears to have experienced a 2.65% increase on a weekly basis. The biggest altcoin Ethereum (ETH) Looking at its weekly change, it appears to be neutral.
At this point, according to Coinmarketcap data, when we look at the most gaining altcoins in the last 24 hours, it ranks 3rd with an increase of 6.77%. Bitcoin Cash (BCH), 2nd place with an increase of 8.47% THORChain (RUNE) and ranked 1st with an increase of 12% Axie Infinity (AXS) It seems to be.
According to Coinmarketcap data, the biggest losers in the last 24 hours are as follows: 3rd place with a loss of 1.73% IOTA (MIOTA), 2nd place with a loss of 2.21% Hedera (HBAR)ranked 1st with a loss of 5.31% ApeCoin (APE) is available.
The popular analysis company, which tries to measure the emotional reflexes of cryptocurrency investors, calculates the market volatility, market volume acceleration, social media interest, Bitcoin dominance chart and trends in the types of research conducted on cryptocurrencies on the internet, “fear and greed index” Today it was calculated as 45 points out of 100.
*This is not investment advice.
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