Analysis: Bitcoin traders are paying attention to the dollar's movements; if it declines, it may boost risk assets
ChainCatcher news, according to CoinDesk, Bitcoin traders are closely watching the U.S. Consumer Price Index (CPI) data set to be released later on Wednesday. Some traders expect that once there are signs of interest rate cuts, the dollar will decline------which could boost risk assets and provide an entry point for cryptocurrency investors looking to bet on higher prices.
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