Today's a big day for the markets as the CPI data is set to be released! 📊 But what exactly is CPI? Let me break it down for you.

CPI stands for Consumer Price Index, a key measure of inflation. If today’s CPI data comes in higher than the previous reading, it signals that inflation is on the rise, which can negatively impact the crypto market. 😱 On the flip side, if the CPI data is lower, it suggests that inflation is cooling off, which could be a bullish sign for the markets. 📈

The outcome of today’s CPI data will also influence the possibility of a rate cut in September. If the data is favorable, we might see the market soar to new heights! 🚀

Stay tuned, and keep those fingers crossed! 🤞 Don’t miss out on any updates—hit that follow button now! 📅

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