美国个人消费支出通胀数据公布，加密货币价格出现分歧

由于对美联储的担忧持续，投资者本周接受了避险情绪。道琼斯指数、标准普尔 500 指数和纳斯达克 100 指数等美国指数纷纷下跌，而比特币和以太坊则横盘整理。

Investors have embraced a risk-off sentiment this week as concerns about the Federal Reserve continued. US indices like the Dow Jones, S&P 500, and Nasdaq 100 have dived while Bitcoin and Ethereum have moved sideways. The US dollar index (DXY) has surged to over $105 while the bond market turmoil has continued.

由于对美联储的担忧持续，投资者本周接受了避险情绪。道琼斯指数、标准普尔 500 指数和纳斯达克 100 指数等美国指数纷纷下跌，而比特币和以太坊则横盘整理。美元指数 (DXY) 已飙升至 105 美元以上，而债券市场的动荡仍在继续。

US equities and cryptocurrencies wavered after the Conference Bureau published a strong consumer confidence report. Its report showed confidence soared from 96 in April to 102 in May, its first monthly increase since February.

在会议局发布强劲的消费者信心报告后，美国股市和加密货币出现波动。其报告显示，信心指数从 4 月份的 96 飙升至 5 月份的 102，这是自 2 月份以来的首次月度上升。

A high consumer confidence number is a positive sign since consumers are the biggest part of the GDP. While it can mean that the economy is doing well, it is also a sign that inflation will remain at an elevated level for longer.

消费者信心指数高是一个积极的信号，因为消费者是 GDP 的最大组成部分。虽然这可能意味着经济表现良好，但也表明通胀将在更长时间内保持在较高水平。

The report meant that the Federal Reserve could maintain interest rates higher for longer. In separate statements, Goldman Sachs’s David Solomon and JPMorgan’s Jamie Dimon predicted that the Fed may not cut rates after all.

该报告意味着美联储可能会在更长时间内维持较高的利率。高盛的大卫·所罗门和摩根大通的杰米·戴蒙在单独的声明中预测，美联储最终可能不会降息。

However, other economic numbers have complicated the situation as they showed that the economy was slowing. According to the Bureau of Economic Analysis, the economy grew by 1.3% in Q1, lower than the first estimate of 1.6%. It was also a sharp decline from Q4’s 3.4%.

然而，其他经济数据使情况变得复杂，因为它们表明经济正在放缓。根据经济分析局的数据，第一季度经济增长 1.3%，低于最初预测的 1.6%。这也较第四季度的 3.4% 大幅下降。

Consumer spending rose by 2.0%, lower than the median estimate of 2.5% while corporate profits tumbled by 1.7% in Q1. Altogether, these numbers mean that the economy has moved into a stagflation period, which is characterized by high inflation and slow GDP growth.

第一季度消费者支出增长 2.0%，低于 2.5% 的中值预期，而企业利润下降 1.7%。总而言之，这些数字意味着经济已进入滞胀期，其特点是通货膨胀高、GDP 增长缓慢。

The next important data to watch will be the Personal Consumption Expenditure (PCE) report. Economists polled by Reuters expect the data to show that the headline PCE remained at 2.7% while the core PCE remained at 2.8%.

下一个值得关注的重要数据是个​​人消费支出（PCE）报告。路透社调查的经济学家预计，数据将显示总体PCE保持在2.7%，而核心PCE保持在2.8%。

The PCE report is often seen as the better alternative to the popular Consumer Price Index (CPI) because it looks at the price movements in urban and rural areas.

PCE 报告通常被视为流行的消费者价格指数 (CPI) 的更好替代品，因为它着眼于城市和农村地区的价格变动。

Cryptocurrency prices diverge

加密货币价格出现分歧

Cryptocurrencies have diverged ahead of the PCE report. The ORDI token soared by over 15% and moved to its highest level since April 23rd. It has jumped by over 56% from its lowest level this year even as demand for Bitcoin Ordinals slumped.

在 PCE 报告发布之前，加密货币已经出现分化。 ORDI代币飙升超过15%，并升至4月23日以来的最高水平。尽管对比特币序号的需求下降，但它仍较今年的最低水平跃升了 56% 以上。

Arweave token has soared to $44.2, its highest level since May 23rd while Monero’s bull run accelerated. Its XMR token soared to $146, its highest level since March 16th. It has surged by over 38% from its monthly low. The other tokens that rallied ahead of the PCE report are Jasmy, Notcoin, Ethena, and Lido DAO.

随着门罗币牛市加速，Arweave 代币飙升至 44.2 美元，为 5 月 23 日以来的最高水平。其XMR代币飙升至146美元，为3月16日以来的最高水平。它已从月度低点飙升了 38% 以上。在 PCE 报告发布之前上涨的其他代币包括 Jasmy、Notcoin、Ethena 和 Lido DAO。

On the other hand, the top laggards ahead of the report were meme coins like Floki, dogwifhat, Bonk, and Book of Meme. These tokens crashed hard as investors took profits. Their sell-off could accelerate if the US publishes a strong inflation report.

另一方面，在报告发布之前表现最差的是 Floki、dogwifhat、Bonk 和 Book of Meme 等模因币。随着投资者获利了结，这些代币暴跌。如果美国发布强劲的通胀报告，它们的抛售可能会加速。