According to BlockBeats, on September 11, according to market data, after the release of CPI data, the US dollar index DXY rose by more than 20 points in the short term, and is now at 101.67. Bitcoin fell by about 0.7% in the short term, and is now at 56,558 US dollars.
In addition, the three major U.S. stock index futures fell in the short term, with Dow futures down 0.66%, and S&P 500 futures and Nasdaq futures down 0.45%.
Traders pared their bets on a Fed rate cut after the CPI data. Traders now expect the Fed to cut rates by 25 basis points next week and 100 basis points in total this year.
