TechFlow news, on August 1, cryptocurrency research firm 10x Research released its latest analysis report. Although the Federal Reserve's statement maintained flexibility without explicitly signaling a rate cut in September, Chairman Powell mentioned in the subsequent Q&A session that the possibility of rate cuts would increase if inflation expectations decline.
10x Research expects the inflation report released on August 14 to show inflation falling below 3%, and the period from August to October will feature favorable year-on-year inflation comparisons. Meanwhile, gold prices have hit record highs, prompting market attention on whether Bitcoin will follow suit, with investors expressing optimism about Bitcoin's outlook.
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