đ US Inflation Data Supports Crypto Stability
Novemberâs CPI rose 2.7% YoY, matching forecasts. Core CPI climbed 3.3%, calming market fears. Stable inflation is boosting investor confidence across assets, including crypto.
*/ Why It Matters: Consistent inflation reduces uncertainty, encouraging capital flow into
$BTC and other cryptos.
*/ Bitcoin's Reaction: Similar CPI stability in October helped Bitcoin hit $92K. Liquidity remains favorable for risk assets like crypto.
*/ Looking Ahead: Investors should track inflation trends and central bank policies as they remain key drivers of market sentiment.
The outlook for December remains bullishâcould crypto rally again? đđ°
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