Analysis: This week's U.S. unemployment and revised Q2 GDP data fueled crypto market volatility
market data shows that BTC/USD has fallen by 7% so far in June. Analysis believes that the main factors intensifying the volatility of the cryptocurrency market this week include:1. The upcoming release of US unemployment data on June 28th; 2. Revised US GDP data for the second quarter; 3. The inflation index "preferred" by the Federal Reserve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Do Kwon’s extradition case goes back to Montenegrin justice minister
SEC seeks sanctions against Elon Musk over Twitter purchase
SEC greenlights listing and trading options for BlackRock's spot bitcoin ETF
The SEC approved spot bitcoin ETFs earlier this year, but had not yet approved listing and trading for options on those products.
Securitize adds Wormhole for multi-chain RWA tokens