what's going on with crypto right now, Overview

-Last night, the consumer price index (CPI) released by the United States in November rose by 0.3% month-on-month, and the market expectation was 0.3%, up by 2.7% year-on-year, and the market expectation was 2.7%, both up by 0.1 percentage point from October. This data opened the door for the Federal Reserve to cut interest rates by 25 basis points in December."Boots" landed smoothly, and the A-share market ushered in a multi-window period?

-At the same time, the market has generally increased its bet on the Fed's interest rate cut in December. The market expects the probability of a 25 basis point interest rate cut in December to increase to 99.9%, which is higher than the previous expectation of 86.1%, which makes the European and American markets join hands overnight."Boots" landed smoothly, and the A-share market ushered in a multi-window period?

However, the process of reducing the inflation rate to 2% has stalled, and there has even been a rebound. The market is worried that the Fed will stage a "hawkish interest rate cut" next Wednesday, and the Fed may cut the guidance on interest rate cuts in the bitmap.-Last night, the consumer price index (CPI) released by the United States in November rose by 0.3% month-on-month, and the market expectation was 0.3%, up by 2.7% year-on-year, and the market expectation was 2.7%, both up by 0.1 percentage point from October. This data opened the door for the Federal Reserve to cut interest rates by 25 basis points in December.However, the process of reducing the inflation rate to 2% has stalled, and there has even been a rebound. The market is worried that the Fed will stage a "hawkish interest rate cut" next Wednesday, and the Fed may cut the guidance on interest rate cuts in the bitmap.