QCP Capital: The US will release CPI data tomorrow, which may determine the market trend

Odaily News QCP Capital, a Singapore-based crypto investment firm, said in a statement that Powell's speech tonight is expected to be as cautious as usual, leading to a muted market reaction. On the other hand, tomorrow's CPI data could be a catalyst for the market to finally determine its direction. Although the overall market has gradually declined in the summer, GME has re-emerged after a long period of dormancy, soaring % yesterday driven by Roaring Kitty's tweets. This could be the beginning of a "Meme coin boom." (Telegram)