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US Inflation Data Released:
🔴 CPI: 3.4% Year-on-Year, 0.3% Month-on-Month
🔴 Forecasted CPI: 3.4% Year-on-Year, 0.4% Month-on-Month
Traders adjust strategies as CPI figures come in slightly below expectations. Anticipation rises for potential Fed interest rate adjustments later this year. 💼
Bitcoin has surged approximately 6% in response to the news, now trading around $66,000.📈
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