🔴ALERT !!!! THIS WILL FLUCTUATE MARKET VOLATILITY 🔴
Today’s Consumer Price Index (CPI) data revealed a headline inflation rate of 3.2%, slightly below the anticipated 3.3%. The initial market response was positive, but the uptick from June’s 3% rate sparked some concern. The rise is attributed primarily to energy prices, known for their volatility and relatively minor impact on the overall CPI.

Excluding energy, core CPI trends suggest ongoing deflation, which may bolster a long-term bullish stance. However, in the short term, the crypto market may experience some bearish sentiment as traders digest and react to the latest figures.

For ongoing updates and analysis, keep an eye on Serandib Trading Alerts. Stay informed and make decisions based on comprehensive market data.

$BTC $SOL $BNB
#CPI_BTC_Watch
#Ethereum_ETFs_Expected_Date  #BinanceTurns7it  #US_Job_Market_Slowdown  #VanEck_SOL_ETFS