Analysts: Risk assets such as cryptocurrencies have responded positively to the stabilization of macroeconomic conditions and may see further increases

Odaily reported that the market reacted negatively to the latest US CPI data released on Wednesday, which showed that the consumer price index rose 0.5% month-on-month, higher than expected, the largest increase in two years. According to CNBC, this led the market to expect the Federal Reserve to delay rate cuts for a while. Presto Research analyst Min Jung said, "The initial CPI reaction was very strong, but as investors take a more cautious stance, realizing that more data is needed to confirm the inflation trend, the market has rebounded." BTC Markets analyst Rachael Lucas attributed today's market recovery to trading bots responding to the stability of the macroeconomic situation, "Algorithmic trading plays an important role in these rapid trends, with many bots programmed to respond instantly to keywords related to Powell, CPI data and other major economic reports, and given the recent volatility driven by liquidations, any stability in macroeconomic conditions could trigger positive buybacks, especially from these automated strategies." Lucas explained that the market seems to be shaking off concerns related to tariffs and digesting the latest CPI data, as prices are rebounding without any prominent bullish catalysts. She pointed out that the rapid rebound of mainstream cryptocurrencies indicates increased investor confidence, "Risk assets, including cryptocurrencies, have responded positively to the stability of the macroeconomic situation, and if liquidity conditions remain supportive, the market may be poised for further upside." Jung also said that news that US President Trump said Russian President Putin agreed to discuss ending the Ukraine war has also increased investors' risk appetite.