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QCP: If this week's CPI data performs well, it may support the upward trend of Bitcoin

2025-10-22 18:53:46

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ChainCatcher news, QCP released a market analysis report indicating that due to profit-taking and a strengthening dollar, gold has significantly dropped from its historical high, marking the largest single-day decline since 2020, with silver following suit. The U.S. government shutdown has led to the freezing of most official data, and the market is in a state of stagnation. The only important data this week is the CPI on Friday, which is the data the Federal Reserve needs to pay attention to before resuming its policy statements. If the CPI data performs well, it will reinforce the soft landing narrative or support the upward trend of Bitcoin.

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