TechFlow news, April 29 — This week, the U.S. will release preliminary Q1 GDP data, core PCE price index (at 20:30 Beijing time on April 30), and April non-farm payroll and unemployment rate figures (at 20:30 Beijing time on May 2). HTX Research analyst Chloe (@ChloeTalk1) wrote in the HTX DeepThink column that if the data collectively show weak growth but cooling inflation, market expectations for a mid-year rate cut would strengthen, driving risk assets higher together. Conversely, if data exceed expectations broadly, rate cuts could be delayed or concerns over renewed rate hikes may resurface, suppressing the crypto market in the short term.
Chloe also noted that if this week's data meet expectations, a liquidity window may open in May, potentially leading to capital flowing back into the crypto market. However, after the debt ceiling is approved, the Treasury is expected to issue new bonds between June and July to replenish the TGA balance to $50–60 billion, which would tighten liquidity.
At 20:00 on April 30 (UTC+8), Huobi HTX will host a live event titled "Trump Crypto Banquet: Real Benefits or Just Hype? Discussing TRUMP Coin’s Compliance and Risks" via Twitter Spaces and Huobi Live. Chloe will join crypto KOLs Tony Fu, Shiwen.Eth, Big Brother, and Archie Li to deeply analyze the pros and cons of TRUMP coin.
Note: This content is not investment advice, nor does it constitute an offer, solicitation, or recommendation regarding any investment product.
