Analyst: Market is getting rid of tariff concerns and digesting CPI data, algorithmic trading responds positively to macroeconomic data
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金色财经|Feb 13, 2025 05:05
On February 13th, it was reported that the cryptocurrency market rebounded after the release of the US CPI data. Presto Research analyst Min Jung said, "The initial CPI reaction was strong, but as investors became more cautious and realized the need for more data to confirm inflation trends, the market rebounded
BTC Markets analyst Rachael Lucas attributes the market recovery to trading robots responding to stable macroeconomic conditions. "Algorithmic trading plays an important role in these rapid trends, with many robots programmed to respond instantly to keywords from Powell, CPI data, and other major economic reports. Given the recent volatility driven by clearing, any stabilization of macroeconomic conditions could trigger positive buybacks, especially from these automated strategies
Lucas explained that the market seems to be getting rid of concerns related to tariffs and digesting the latest CPI data, as prices are rebounding without a prominent bullish catalyst. Risk assets, including cryptocurrencies, have responded positively to the stability of macroeconomic conditions, and if liquidity conditions remain supportive, the market may be prepared for the next step of upward movement
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