đ DeFi & Web3 Fam, buckle up! đ
The U.S. CPI data is out, and while the headline rate was as expected, the core rate decided to go rogue and rise more than anticipated. đ€Ż This means the Fed is likely to cut rates by just 25 basis points next week.
Bitcoin took a tiny tumble, down 1.5% to $56,500. But hey, no worries! The DeFi and Web3 space is still buzzing with potential. đđȘ
Got thoughts on how this will impact DeFi projects? Drop your hot takes in the comments! Let's decode this together! đđŹ
#DeFi #Web3 #Bitcoin #CPI #FedRate