BTC breaks through $122,000 ETH hits a new high since 2021 Institutions follow CPI data

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【Coin World】QCP Asia stated in its research report that BTC has broken through $122,000, recovering from last week's decline; ETH has risen 21% in the past 7 days, surpassing $4,300 for the first time since 2021. Currently, BTC's correlation with US stocks remains high, and the market is focused on the CPI data to be released on Tuesday. If the results are below expectations, it may strengthen the Fed's interest rate cut expectations for September. Institutions point out that market sentiment remains bullish, but traders are still hedging against downside risks. The key lies in whether institutional funds and Spot ETF demand can drive BTC to break through significant resistance levels.

BTC-2.18%
ETH-1.92%
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MEVHuntervip
· 08-14 04:58
lmao watch these spot etf plebs pump my mempool profits to the moon... ez backrun szn
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StakeWhisperervip
· 08-13 22:38
Bull run To da moon!
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GasFeeVictimvip
· 08-11 10:30
It's time to make money again, bull bull charge!
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NftMetaversePaintervip
· 08-11 10:27
fascinating paradigm shift... the algorithmic beauty of btc's price action is pure digital poetry rn
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OnchainDetectivevip
· 08-11 10:23
Wow, we've finally broken through!
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screenshot_gainsvip
· 08-11 10:23
Bull builds a position in a bear market. The one who invests blindly and makes money is me.
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