where does crypto get its value, Overview

Very good, the US CPI rebounded by 2.7%, the interest rate cut is expected to increase, and the Nasdaq hit a record high, celebrating the whole world and stabilizing tomorrow?The year-on-year increase of CPI (Consumer Price Index) in the United States in November did rebound to 2.7%, which was in line with market expectations, and this figure was higher than 2.6% in October. This increase maintained the rebound trend of last month, indicating that inflationary pressure has increased. Specifically, the core CPI of the United States rose by 3.3% year-on-year in November, which was the same as the market expectation of 3.3%, and the previous value was 3.3%. On a month-on-month basis, the CPI of the United States rose by 0.3% in November, which was the same as the market expectation of 0.3%, and the previous value was 0.2%; The core CPI rose by 0.3% month-on-month, which was the same as the market expectation of 0.3%, and the previous value was 0.3%.

The year-on-year increase of CPI (Consumer Price Index) in the United States in November did rebound to 2.7%, which was in line with market expectations, and this figure was higher than 2.6% in October. This increase maintained the rebound trend of last month, indicating that inflationary pressure has increased. Specifically, the core CPI of the United States rose by 3.3% year-on-year in November, which was the same as the market expectation of 3.3%, and the previous value was 3.3%. On a month-on-month basis, the CPI of the United States rose by 0.3% in November, which was the same as the market expectation of 0.3%, and the previous value was 0.2%; The core CPI rose by 0.3% month-on-month, which was the same as the market expectation of 0.3%, and the previous value was 0.3%.

In addition, the US dollar index fell immediately after the data was released, but then turned red. As of press time, the US dollar index was about 106.57, up about 0.15%. The three major US stock indexes also opened slightly higher, with the Dow Jones Industrial Average up 0.25%, the Nasdaq up 0.81% and the S&P 500 up 0.52%.The year-on-year increase of CPI (Consumer Price Index) in the United States in November did rebound to 2.7%, which was in line with market expectations, and this figure was higher than 2.6% in October. This increase maintained the rebound trend of last month, indicating that inflationary pressure has increased. Specifically, the core CPI of the United States rose by 3.3% year-on-year in November, which was the same as the market expectation of 3.3%, and the previous value was 3.3%. On a month-on-month basis, the CPI of the United States rose by 0.3% in November, which was the same as the market expectation of 0.3%, and the previous value was 0.2%; The core CPI rose by 0.3% month-on-month, which was the same as the market expectation of 0.3%, and the previous value was 0.3%.The year-on-year increase of CPI (Consumer Price Index) in the United States in November did rebound to 2.7%, which was in line with market expectations, and this figure was higher than 2.6% in October. This increase maintained the rebound trend of last month, indicating that inflationary pressure has increased. Specifically, the core CPI of the United States rose by 3.3% year-on-year in November, which was the same as the market expectation of 3.3%, and the previous value was 3.3%. On a month-on-month basis, the CPI of the United States rose by 0.3% in November, which was the same as the market expectation of 0.3%, and the previous value was 0.2%; The core CPI rose by 0.3% month-on-month, which was the same as the market expectation of 0.3%, and the previous value was 0.3%.