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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/us-consumer-confidence-index-released/" data-wpel-link="internal">US Consumer Confidence Index Released</a><br></p>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/altcoinler-daha-fazla-duser-mi-kripto-paralar-neden-dusuyor" data-wpel-link="internal">Cryptocurrency</a></strong> world was anticipating results from upcoming US data today. The <a href="https://coin-turk.com/analistler-geri-cekilme-devam-edecek" data-wpel-link="internal">Bitcoin</a> price experienced volatility this morning, dropping below $61,000, making the data even more significant. The US CB Consumer Confidence Index was just announced.</p> 
<h2 style="text-align: justify" id="us-cb-consumer-confidence-index-announced">US CB Consumer Confidence Index Announced</h2> 
<p style="text-align: justify">Looking at the US CB Consumer Confidence Index data, the previous figure was recorded at 104.7, while the expectation was around 104.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-346300 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/blockchain-125.jpg" alt="" width="740" height="415"></p> 
<p style="text-align: justify">The announced figure was 97, which is below expectations. Economic conditions determine consumer status, and higher readings typically indicate more consumer optimism, leading to increased purchases of goods and services that stimulate the economy. The figure shows a decrease in consumer confidence.</p> 
<h2 style="text-align: justify" id="what-s-the-status-of-bitcoin-prices-after-the-data-release">What’s the Status of Bitcoin Prices After the Data Release?</h2> 
<p style="text-align: justify">Looking at the price of <strong><a href="https://en.coin-turk.com/bitcoins-current-state-and-future-prospects-according-to-santiment/" data-wpel-link="internal">Bitcoin</a></strong>, the flagship cryptocurrency, we witnessed a fluctuating trend today. <a href="https://en.coin-turk.com/attention-grabbing-interest-in-etp-products/" data-wpel-link="internal">BTC</a> price had dropped to $60,600 at the time the data was released. However, the price later recovered to $60,880.</p> 
<p style="text-align: justify">While the data pressured BTC prices, another significant development today involved the former CEO of <a href="https://en.coin-turk.com/binance-and-zhao-respond-to-secs-attempt-to-use-doj-findings/" data-wpel-link="internal">Binance</a>, <strong>CZ</strong>. A decision from the judge is awaited, presenting a second factor pressuring BTC.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/us-consumer-confidence-index-released/" data-wpel-link="internal">US Consumer Confidence Index Released</a></h5>

US Consumer Confidence Index Released

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