#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Analysts: BTC indicators have entered the correction range, and it may take more time to clarify the bottom
BlockBeats news, on February 26, Julio Moreno, research director of CryptoQuant, stated on social media that it is not possible to say that the price of BTC has bottomed out now. All valuation indicators have entered the adjustment range, which may require more time. For example, MVRV is lower than its 365-day moving average (each fall below the average requires time for adjustment). BlockBeats note: MVRV is a relative indicator, the ratio of Circulating Market Cap (Market Cap, MV) and Realized Market Cap (Realized Cap, RV).