US CPI Data: Market Impact on Crypto usd
Get your capital ready and go all in on the crypto market! 🔥 US Consumer Price Index (CPI) data is coming out soon and could have a big impact on crypto prices. ⌛
Current Expectations: The market is currently pricing in a 35% chance of a 50 basis point rate cut. 🌞💪
Here's what to expect: 🤷👇
🟩 Lower-than-expected CPI: If inflation is lower than expected, it means the Fed will cut rates sooner. Overall, this is good news for crypto as it could lead to a price rally. 📈🚀
🔴 Higher-than-expected CPI: If inflation is higher than expected, the Fed could keep interest rates high for longer. This could put pressure on crypto prices as investors may move their funds to safer assets. 🎢📉
Stay tuned at 19:30, guys.
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