#BTCFOMCWatch #CPIAlert The result has been announced, and it's positive for cryptocurrency. Now, it's time for the interest rate announcements. In the first half, the bulls are leading 1-0. 🐂 vs 🐻"
📈 Market Update: US Inflation Data 📊
🔍 The US Consumer Price Index (CPI) data was released today, showing a 3.4% YoY increase, in line with expectations. 🔍
📉 The core inflation rate, which excludes food and energy, rose by 4.0% YoY, slightly below the expected 4.1%. 📉
📈 The positive inflation data has given a boost to the cryptocurrency market, with Bitcoin and other major cryptocurrencies trading higher. 📈
😃 Investors are relieved that the inflation rate did not exceed expectations, which could have led to a more hawkish stance from the Federal Reserve. 😃
🏆 In the first half of the year, it seems like the bulls are winning with a score of 1-0🏆
🐂 vs 🐻
Let's see how the rest of the year unfolds😊$BTC