why is crypto important- Top snippets

-In addition, in order to cater to the tune of slow cattle, a pair of invisible hands deliberately suppressed large financial stocks from the opening, which made the financial troika such as banks, securities and insurance weaken collectively, further inhibiting the mood of the market to do more, resulting in the trend of the two cities all day like boiling frogs in warm water.-Another reason is that the market began to focus on the consumer price index (CPI) report to be released in November at 21:30 on Wednesday night. After all, this is an important data before the Federal Reserve's interest rate decision in December. It is generally expected that the overall inflation rate will rebound slightly from 2.6% last month to 2.7%, which will bring great uncertainty to the global capital market.

-After the excitement of the market was smashed by yesterday's surge, the enthusiasm for capital participation dropped significantly, which led to a wait-and-see mood again, which led to a significant reduction in the trading volume of the two cities from over 2.2 trillion yuan in the previous trading day to 1.78 trillion yuan today, with a single-day reduction of 423.8 billion yuan.