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🚨NEWS ALERT🚨
........🔴#Internationalmonetaryfund SUGGESTED TAX ON CRYPTO MINING🔴.........
The International Monetary Fund (#IMF ) has suggested implementing a tax on #CryptocurrencyMining to combat air pollution, which could lead to an 85% surge in electricity costs for miners.
The proposed tax of $0.089 per kilowatt-hour aims to encourage the industry to cut carbon emissions, with the potential to generate an additional $5.2 billion in global government #revenue annually.
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........🔴#Internationalmonetaryfund SUGGESTED TAX ON CRYPTO MINING🔴.........
The International Monetary Fund (#IMF ) has suggested implementing a tax on #CryptocurrencyMining to combat air pollution, which could lead to an 85% surge in electricity costs for miners.
The proposed tax of $0.089 per kilowatt-hour aims to encourage the industry to cut carbon emissions, with the potential to generate an additional $5.2 billion in global government #revenue annually.
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🚨NEWS ALERT🚨
.......MUST READ.......
#VanEck predicts $325,000 mark for #bitcoin☀️ in the coming bull market. While
the current #GeopoliticalUncertainty situation isn't favorable for this prediction, it seems to be impossible to achieve this mark in the ongoing year but you can expect it in 2-3 years.
🚀 A huge surge is expected but not that big as #LongTerm Bitcoin holders have accumulated over 500,000 $BTC since July 30th which is pointing towards a surge ahead for LONG players.
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.......MUST READ.......
#VanEck predicts $325,000 mark for #bitcoin☀️ in the coming bull market. While
the current #GeopoliticalUncertainty situation isn't favorable for this prediction, it seems to be impossible to achieve this mark in the ongoing year but you can expect it in 2-3 years.
🚀 A huge surge is expected but not that big as #LongTerm Bitcoin holders have accumulated over 500,000 $BTC since July 30th which is pointing towards a surge ahead for LONG players.
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🚨NEWS ALERT🚨
⚫........DeFi DERIVATIVES SKYROCKET: #tvl Hits $82.67B Amid Rapid Growth........⚫
The #decentralizedfinance (DeFi) sector is witnessing explosive growth, with Total Value Locked (TVL) surging by 51.9%, reaching an impressive $82.67 billion.
🚀 The daily trading volume for crypto derivatives has also seen a significant jump, skyrocketing from $1.8 billion to $5 billion.
🎯This surge is driven by the excitement surrounding innovative features such as pre-market trading and more user-friendly interfaces.
New platforms like #Hyperliquid and #SynFutures are gaining traction, drawing in both retail investors and institutional players. Additionally, institutional support for stable coins is further fueling the expansion of the DeFi ecosystem.
(🌐Source: #Cointelegraph )
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⚫........DeFi DERIVATIVES SKYROCKET: #tvl Hits $82.67B Amid Rapid Growth........⚫
The #decentralizedfinance (DeFi) sector is witnessing explosive growth, with Total Value Locked (TVL) surging by 51.9%, reaching an impressive $82.67 billion.
🚀 The daily trading volume for crypto derivatives has also seen a significant jump, skyrocketing from $1.8 billion to $5 billion.
🎯This surge is driven by the excitement surrounding innovative features such as pre-market trading and more user-friendly interfaces.
New platforms like #Hyperliquid and #SynFutures are gaining traction, drawing in both retail investors and institutional players. Additionally, institutional support for stable coins is further fueling the expansion of the DeFi ecosystem.
(🌐Source: #Cointelegraph )
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#CryptoAnalysis📈📉🐋📅🚀
2 out of 3 targets I suggested for #SolanaUSTD earlier today are now being hit and my suggestion was also right on the spot that it will go down after #liquidation sweeping candles and it did so.
you're all requested to Follow me for more #ANALYSIS like this one in the upcoming days
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#bestcreatoraward
2 out of 3 targets I suggested for #SolanaUSTD earlier today are now being hit and my suggestion was also right on the spot that it will go down after #liquidation sweeping candles and it did so.
you're all requested to Follow me for more #ANALYSIS like this one in the upcoming days
..
..
..
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#bestcreatoraward
🚨TECHNICAL #ANALYSIS OF $BTC 🚨
🔘 Current Price: $58,289.57
☢️ Key Levels:
🔘Resistance: $58,475.37
🔘Support: $57,966.12
🟢 #longtrade strategy:
Entry Point: Above $58,475.37
🎯Targets:
Target 1: $58,915.18
Target 2: $59,849.38
🚫Stop Loss: $57,966.12
🔴 #ShortTrade strategy:
Entry Point: Below $57,966.12
🎯 Targets:
Target 1: $57,526.31
Target 2: $56,078.54
🚫Stop Loss: $58,475.37
$BTC is currently showing great variations, one minute down, next minute up. But this is affecting the market too as whenever $BTC makes a move it does affect the #ALTs and with it the whole market starts to show fluctuation.
Well I can't control it but I can tell you the possible scenarios like i mentioned above so it's on you how you grab the opportunity. Do your #research and go for it. Either you make a move or someone will do.
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🔘 Current Price: $58,289.57
☢️ Key Levels:
🔘Resistance: $58,475.37
🔘Support: $57,966.12
🟢 #longtrade strategy:
Entry Point: Above $58,475.37
🎯Targets:
Target 1: $58,915.18
Target 2: $59,849.38
🚫Stop Loss: $57,966.12
🔴 #ShortTrade strategy:
Entry Point: Below $57,966.12
🎯 Targets:
Target 1: $57,526.31
Target 2: $56,078.54
🚫Stop Loss: $58,475.37
$BTC is currently showing great variations, one minute down, next minute up. But this is affecting the market too as whenever $BTC makes a move it does affect the #ALTs and with it the whole market starts to show fluctuation.
Well I can't control it but I can tell you the possible scenarios like i mentioned above so it's on you how you grab the opportunity. Do your #research and go for it. Either you make a move or someone will do.
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🚨TECHNICAL #ANALYSIS OF $BANANA 🚨
🔘Current Price: $45.913
🔘Resistance Level: $46.45
🔘Support Level: $43.42
🟢Long Trade Strategy
Enter above $46.45.
🎯Target Levels:
Target 1: $47.50
Target 2: $48.00
Target 3: $49.00
🚫Stop Loss: Place at $43.42.
🔴 Short Trade Strategy
Enter below $43.42.
🎯Target Levels:
Target 1: $42.00
Target 2: $41.50
Target 3: $40.00
🚫Stop Loss: Place at $46.45.
This analysis offers detailed entry points, target objectives, and #stoploss levels for both long and #ShortTrading strategies.It is expected to go up, don't miss out on opportunity and follow my long trade strategy.
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🔘Current Price: $45.913
🔘Resistance Level: $46.45
🔘Support Level: $43.42
🟢Long Trade Strategy
Enter above $46.45.
🎯Target Levels:
Target 1: $47.50
Target 2: $48.00
Target 3: $49.00
🚫Stop Loss: Place at $43.42.
🔴 Short Trade Strategy
Enter below $43.42.
🎯Target Levels:
Target 1: $42.00
Target 2: $41.50
Target 3: $40.00
🚫Stop Loss: Place at $46.45.
This analysis offers detailed entry points, target objectives, and #stoploss levels for both long and #ShortTrading strategies.It is expected to go up, don't miss out on opportunity and follow my long trade strategy.
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🚨NEWS ALERT🚨
.......South Korea’s #NPS Acquires $34M in #MicroStrategy Stock.......
📋The National Pension Service of South Korea has made a $34 million investment in MicroStrategy.
🚀 The purchase of 24,500 shares strengthens NPS’s position in the cryptocurrency sector.
🔴 Given MicroStrategy’s substantial Bitcoin holdings, this move signals NPS’s strategic shift towards digital assets.
🌐Source: #Cointelegraph
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.......South Korea’s #NPS Acquires $34M in #MicroStrategy Stock.......
📋The National Pension Service of South Korea has made a $34 million investment in MicroStrategy.
🚀 The purchase of 24,500 shares strengthens NPS’s position in the cryptocurrency sector.
🔴 Given MicroStrategy’s substantial Bitcoin holdings, this move signals NPS’s strategic shift towards digital assets.
🌐Source: #Cointelegraph
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LIVELIVECRYPTOcracy
--
RELATIONSHIP BETWEEN $BTC and ENERGY BY ALEX GLADESTIEN
Electricity matters because it is the ultimate poverty killer
(ROBERT BRYCE)
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Electricity matters because it is the ultimate poverty killer
(ROBERT BRYCE)
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🚨........#CarvProtocol ..........🚨
🔴 How CARV Brings Benefits to Users Through CARV Protocol
CARV is a data infrastructure designed for web3, aiming to empower users by decentralizing and democratizing access to data. Through the CARV Protocol, users benefit from secure, transparent, and permissionless data interactions.
CARV enables individuals to own and control their #digitalidentities , allowing them to leverage their data across various platforms while maintaining privacy. .
📋Future Prospects of CARV📋
The future of CARV is focused on furthering the decentralization and empowerment of users in the digital space.
CARV envisions a world where data ownership is firmly in the hands of individuals, with secure and interoperable digital identities across web3 applications. As CARV grows, it aims to become a foundational layer for the decentralized web, enabling seamless data portability, privacy, and monetization for users.
Additionally, CARV plans to integrate with more platforms and services, broadening its impact and driving the mass adoption of decentralized data solutions.
🚀 CARV and #BinanceWeb3Wallet Airdrop Campaign
As a significant step towards empowering users through data, CARV has partnered with Binance for a Web3 Wallet Airdrop Campaign.
This collaboration marks the beginning of CARV’s journey in promoting data empowerment.
By participating in this airdrop, users join the data empowerment movement, taking an active role in shaping the future of decentralized data ownership and web3 innovation.
#CARVingTheFutureOfData #CARV
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🔴 How CARV Brings Benefits to Users Through CARV Protocol
CARV is a data infrastructure designed for web3, aiming to empower users by decentralizing and democratizing access to data. Through the CARV Protocol, users benefit from secure, transparent, and permissionless data interactions.
CARV enables individuals to own and control their #digitalidentities , allowing them to leverage their data across various platforms while maintaining privacy. .
📋Future Prospects of CARV📋
The future of CARV is focused on furthering the decentralization and empowerment of users in the digital space.
CARV envisions a world where data ownership is firmly in the hands of individuals, with secure and interoperable digital identities across web3 applications. As CARV grows, it aims to become a foundational layer for the decentralized web, enabling seamless data portability, privacy, and monetization for users.
Additionally, CARV plans to integrate with more platforms and services, broadening its impact and driving the mass adoption of decentralized data solutions.
🚀 CARV and #BinanceWeb3Wallet Airdrop Campaign
As a significant step towards empowering users through data, CARV has partnered with Binance for a Web3 Wallet Airdrop Campaign.
This collaboration marks the beginning of CARV’s journey in promoting data empowerment.
By participating in this airdrop, users join the data empowerment movement, taking an active role in shaping the future of decentralized data ownership and web3 innovation.
#CARVingTheFutureOfData #CARV
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LIVELIVECRYPTOcracy
--
Washington, D.C. — Senate Majority Leader Chuck Schumer emphasized Congress's responsibility in establishing clear regulations for #cryptocurrencymarket .
Speaking in support of Vice President Kamala Harris's presidential prospects and the growing role of digital assets, Schumer noted that 20% of Americans now use Schumer called for #bipartisan collaboration
stressing the need for "common-sense regulation" to balance #innovation with essential safeguards.
"We must strike a balance between fostering innovation and implementing necessary guardrails for the #CryptoIndustry " Schumer said.
Speaking in support of Vice President Kamala Harris's presidential prospects and the growing role of digital assets, Schumer noted that 20% of Americans now use Schumer called for #bipartisan collaboration
stressing the need for "common-sense regulation" to balance #innovation with essential safeguards.
"We must strike a balance between fostering innovation and implementing necessary guardrails for the #CryptoIndustry " Schumer said.
🚨NEWS ALERT🚨
........$1.297M $ETHFI TRANSFER.........
This transaction underscores the substantial influence that large holders, or "#whales " can have on the market dynamics of cryptocurrencies.
By moving 1.297 million $ETHFI tokens to #Binance , this whale has sparked curiosity and concern among market observers, who recognize that such transfers often precede significant #PriceMovements .
The fact that this address still retains over 6 million $ETHFI tokens suggests a calculated strategy to maintain a strong position in the token while potentially capitalizing on current market conditions.
This event serves as a reminder of the critical role that whale activities play in shaping the liquidity and volatility of smaller tokens like #ETHFIUSDT .
The community will likely be closely watching for any subsequent moves from this address, as further transactions could either stabilize the market or introduce additional #Volatility .
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........$1.297M $ETHFI TRANSFER.........
This transaction underscores the substantial influence that large holders, or "#whales " can have on the market dynamics of cryptocurrencies.
By moving 1.297 million $ETHFI tokens to #Binance , this whale has sparked curiosity and concern among market observers, who recognize that such transfers often precede significant #PriceMovements .
The fact that this address still retains over 6 million $ETHFI tokens suggests a calculated strategy to maintain a strong position in the token while potentially capitalizing on current market conditions.
This event serves as a reminder of the critical role that whale activities play in shaping the liquidity and volatility of smaller tokens like #ETHFIUSDT .
The community will likely be closely watching for any subsequent moves from this address, as further transactions could either stabilize the market or introduce additional #Volatility .
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🚨 LIQUIDATION SWEEPING CANDLES 🚨
Liquidation sweeping candles are significant price movements in financial markets, especially in trading environments like #cryptocurrency , futures, or #Forex .
📋 These candles are characterized by sharp, often sudden price swings that "sweep" through multiple levels of stop-loss orders, causing liquidations of leveraged positions.
🎯 Typically, a liquidation sweeping candle occurs when #MarketMomentum accelerates dramatically, usually due to a cascade of #stoploss triggers. As these stop losses are hit, it forces traders to close their positions, either manually or through automatic liquidations.
This chain reaction can cause a rapid and extensive price move, often exceeding normal #Volatility patterns. These candles are usually developed by whales to sideline beginners and to grab as much profits as they can.
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Liquidation sweeping candles are significant price movements in financial markets, especially in trading environments like #cryptocurrency , futures, or #Forex .
📋 These candles are characterized by sharp, often sudden price swings that "sweep" through multiple levels of stop-loss orders, causing liquidations of leveraged positions.
🎯 Typically, a liquidation sweeping candle occurs when #MarketMomentum accelerates dramatically, usually due to a cascade of #stoploss triggers. As these stop losses are hit, it forces traders to close their positions, either manually or through automatic liquidations.
This chain reaction can cause a rapid and extensive price move, often exceeding normal #Volatility patterns. These candles are usually developed by whales to sideline beginners and to grab as much profits as they can.
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🚨 TECHNICAL ANALYSIS OF $SOL 🚨
🔘Current Price: $143.67
🔘Resistance: $144.52
🔘Support: $140.90
🟢Long Trade strategy:
⚫Entry: Above $144.52
🎯Targets: $145.64 and $147.71
☢️Stop Loss: $143.67
🔴Short Trade strategy:
⚫Entry: Below $142.90
🎯Targets: $141.50,$138.78 and $137.19
☢️Stop Loss: $144.52
📋This analysis highlights key levels for $SOL , providing potential trade opportunities for both #bullish and #BEARISH📉 scenarios based on price action.
🚨 It has already shown the liquidation sweeping candles so it is expected to go further down so make sure you grab this opportunity by following my #ShortTrade Analysis.
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🔘Current Price: $143.67
🔘Resistance: $144.52
🔘Support: $140.90
🟢Long Trade strategy:
⚫Entry: Above $144.52
🎯Targets: $145.64 and $147.71
☢️Stop Loss: $143.67
🔴Short Trade strategy:
⚫Entry: Below $142.90
🎯Targets: $141.50,$138.78 and $137.19
☢️Stop Loss: $144.52
📋This analysis highlights key levels for $SOL , providing potential trade opportunities for both #bullish and #BEARISH📉 scenarios based on price action.
🚨 It has already shown the liquidation sweeping candles so it is expected to go further down so make sure you grab this opportunity by following my #ShortTrade Analysis.
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ADVANTAGE & RISKS OF P2P TRADING
Advantages of P2P Trading
Decentralization and Control: P2P trading embodies the spirit of #decentralization , giving users full control over their assets without the need for a third party. This autonomy aligns well with the philosophy of cryptocurrencies and #BlockchainTechnology .Privacy: Since P2P trading doesn’t require sharing sensitive financial information with intermediaries, users can maintain greater privacy compared to traditional exchanges.Global Accessibility: P2P trading platforms are accessible worldwide, allowing users to trade across borders without the limitations imposed by local regulations or banking systems.Lower Fees: Without intermediaries, transaction fees are typically lower on P2P platforms. Users can negotiate terms directly, potentially reducing costs. Variety of Payment Methods: P2P platforms often support a wide range of payment methods, from bank transfers to mobile wallets, catering to different preferences and regional availability.
⚠️ Challenges and Risks
Despite its many advantages, P2P trading comes with challenges. Trust is a significant factor, as trading directly with another individual introduces the risk of fraud. While escrow services mitigate this risk, users must still exercise caution and choose reputable platforms.
Additionally, the decentralized nature of P2P trading can make regulatory compliance more complex. Different countries have varying rules regarding cryptocurrency trading, and users must be aware of their local regulations to avoid legal complications.
🚀 The Future of P2P Trading
P2P trading is poised to grow as more people seek alternatives to traditional financial systems.
The rise of #DecentralizedExchanges (DEXs), which operate on blockchain networks without a central authority, further strengthens the appeal of P2P trading.
As blockchain technology evolves, we can expect more secure, user-friendly platforms that make #P2PTrading accessible to a broader audience.
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Decentralization and Control: P2P trading embodies the spirit of #decentralization , giving users full control over their assets without the need for a third party. This autonomy aligns well with the philosophy of cryptocurrencies and #BlockchainTechnology .Privacy: Since P2P trading doesn’t require sharing sensitive financial information with intermediaries, users can maintain greater privacy compared to traditional exchanges.Global Accessibility: P2P trading platforms are accessible worldwide, allowing users to trade across borders without the limitations imposed by local regulations or banking systems.Lower Fees: Without intermediaries, transaction fees are typically lower on P2P platforms. Users can negotiate terms directly, potentially reducing costs. Variety of Payment Methods: P2P platforms often support a wide range of payment methods, from bank transfers to mobile wallets, catering to different preferences and regional availability.
⚠️ Challenges and Risks
Despite its many advantages, P2P trading comes with challenges. Trust is a significant factor, as trading directly with another individual introduces the risk of fraud. While escrow services mitigate this risk, users must still exercise caution and choose reputable platforms.
Additionally, the decentralized nature of P2P trading can make regulatory compliance more complex. Different countries have varying rules regarding cryptocurrency trading, and users must be aware of their local regulations to avoid legal complications.
🚀 The Future of P2P Trading
P2P trading is poised to grow as more people seek alternatives to traditional financial systems.
The rise of #DecentralizedExchanges (DEXs), which operate on blockchain networks without a central authority, further strengthens the appeal of P2P trading.
As blockchain technology evolves, we can expect more secure, user-friendly platforms that make #P2PTrading accessible to a broader audience.
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LIVELIVECRYPTOcracy
--
MICHAEL SAYLOR: “I know we are winning and #bitcoin☀️ is winning, it’s pretty obvious.”
🚨 NEWS GLOBAL 🚨
........$BTC ETF purchase..........
📈 Leading financial institutions in the United States are reportedly purchasing shares of the Black Rock's Bitcoin ETF, according to recent filings.
🚀🚀This development underscores the growing institutional interest in Bitcoin, particularly as #BlackRock , the world’s largest asset manager, seeks approval for its #SpotBitcoinETF from the #SECCryptoAccounting .
BlackRock’s #BitcoinETF💰💰💰 filing, which aims to create a more accessible way for institutional and retail investors to gain exposure to Bitcoin, has drawn significant attention.
The ETF would allow investors to buy into Bitcoin without directly holding the #cryptocurrency , reducing concerns about security and regulatory hurdles.
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........$BTC ETF purchase..........
📈 Leading financial institutions in the United States are reportedly purchasing shares of the Black Rock's Bitcoin ETF, according to recent filings.
🚀🚀This development underscores the growing institutional interest in Bitcoin, particularly as #BlackRock , the world’s largest asset manager, seeks approval for its #SpotBitcoinETF from the #SECCryptoAccounting .
BlackRock’s #BitcoinETF💰💰💰 filing, which aims to create a more accessible way for institutional and retail investors to gain exposure to Bitcoin, has drawn significant attention.
The ETF would allow investors to buy into Bitcoin without directly holding the #cryptocurrency , reducing concerns about security and regulatory hurdles.
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🚨 ANALYSIS REPORT 🚨
After dropping from the $500.0 #supportlevel ,#binancecoin found support at $400.0, rebounded, and is currently trading above both levels.
As shown in the chart, a dynamic resistance level is still restricting #BNBUSDT upward movement. A breakout above this resistance would be the first indication of a potential continuation of the upward trend on the daily chart.
To date, $BNB has tested this dynamic resistance twice without success.
The price may attempt up to five tests before breaking through and continuing to rise. Currently, the price action remains confined between the $400.0 support and the dynamic #resistance .
After dropping from the $500.0 #supportlevel ,#binancecoin found support at $400.0, rebounded, and is currently trading above both levels.
As shown in the chart, a dynamic resistance level is still restricting #BNBUSDT upward movement. A breakout above this resistance would be the first indication of a potential continuation of the upward trend on the daily chart.
To date, $BNB has tested this dynamic resistance twice without success.
The price may attempt up to five tests before breaking through and continuing to rise. Currently, the price action remains confined between the $400.0 support and the dynamic #resistance .
☢️ NEWS ALERT ☢️
......#BTC☀ transfer AlERT......
10K Silk Road BTC ($593.5M) moved to #CoinbasePrime :
Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago.
🔴 This $BTC has just been sent on to 33J, a Coinbase Prime deposit #wallet🔥 .
⚠️ Such large transfers often raise concerns about potential market impacts, especially if the BTC is expected to be sold.
🔴 The BTC was originally seized from the #SilkRoad dark web marketplace.
(🌐Source: Milkroad.com)
......#BTC☀ transfer AlERT......
10K Silk Road BTC ($593.5M) moved to #CoinbasePrime :
Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago.
🔴 This $BTC has just been sent on to 33J, a Coinbase Prime deposit #wallet🔥 .
⚠️ Such large transfers often raise concerns about potential market impacts, especially if the BTC is expected to be sold.
🔴 The BTC was originally seized from the #SilkRoad dark web marketplace.
(🌐Source: Milkroad.com)
⚠️ NEWS ALERT ⚠️
......METAMASK x MASTERCARD.......
#Metamask and #Mastercard have teamed up to launch a new debit card that enables users to make payments directly from their self-custody wallet.
🚀🚀This collaboration represents a significant step in integrating traditional financial services with #decentralizedfinance (DeFi).
🌐 By using this debit card, MetaMask users can spend their cryptocurrency at any location that accepts Mastercard, bridging the gap between digital assets and everyday transactions.
🚨This partnership not only increases the usability of #Cryptocurrencies but also highlights the growing interest of major financial institutions in the #blockchain and crypto space.
......METAMASK x MASTERCARD.......
#Metamask and #Mastercard have teamed up to launch a new debit card that enables users to make payments directly from their self-custody wallet.
🚀🚀This collaboration represents a significant step in integrating traditional financial services with #decentralizedfinance (DeFi).
🌐 By using this debit card, MetaMask users can spend their cryptocurrency at any location that accepts Mastercard, bridging the gap between digital assets and everyday transactions.
🚨This partnership not only increases the usability of #Cryptocurrencies but also highlights the growing interest of major financial institutions in the #blockchain and crypto space.
📢 NEWS ALERT
..........MUST READ..........
#CPIReport Aligns with Expectations, Fed Rate Cut Expected in September
According to #Odaily , Orion's Chief Investment Officer, Rusty Vanneman, reported that the latest Consumer Price Index (#cpi ) data met market expectations, with the year-over-year CPI slightly exceeding predictions, falling from an anticipated 3.0% to 2.9%.
🚀 This marks a slight improvement from last month's figure, which also stood at 3.0%.
With this week's inflation data, including the recent Producer Price Index (#PPI ) report, and the fact that short-term inflation expectations have reached multi-year lows based on market and survey data, the probability of a #FederalReserve rate cut in September remains high.
(🌐source: Odaily )
..........MUST READ..........
#CPIReport Aligns with Expectations, Fed Rate Cut Expected in September
According to #Odaily , Orion's Chief Investment Officer, Rusty Vanneman, reported that the latest Consumer Price Index (#cpi ) data met market expectations, with the year-over-year CPI slightly exceeding predictions, falling from an anticipated 3.0% to 2.9%.
🚀 This marks a slight improvement from last month's figure, which also stood at 3.0%.
With this week's inflation data, including the recent Producer Price Index (#PPI ) report, and the fact that short-term inflation expectations have reached multi-year lows based on market and survey data, the probability of a #FederalReserve rate cut in September remains high.
(🌐source: Odaily )
