It is estimated that the data for the $BTC spot ETF in the past two days will not be very good, mainly due to the fluctuations in Bitcoin prices, while contrary to Bitcoin, US stocks continue to rise, although this rise is driven by AI and tech stocks. However, the response of BTC has started to diverge from US stocks. My personal judgment is that short-term holders believe that under unfavorable US inflation data, the liquidity pressure faced by BTC will be greater than that of AI-related tech stocks.

However, from the data, it can be seen that after the CPI data was released on Tuesday, US stocks also experienced a decline. Although they rebounded on Wednesday, the PPI data is indeed unfavorable. The response of BTC prices is very likely related to the PPI; in fact, when the PPI data was just released, US stocks also experienced a decline but quickly rebounded under the influence of FOMO sentiment, while BTC did not receive this treatment.

#Bitget has arrived to be VIP! Crypto, US stocks, CFD, global opportunities all in one place

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。