Today’s a big day for the markets as the CPI data is set to be released! 📊 But what exactly is CPI? Let me break it down for you.

CPI stands for Consumer Price Index, a key measure of inflation. If today’s CPI data comes in higher than the previous reading, it signals that inflation is on the rise, which can negatively impact the crypto market. On the flip side, if the CPI data is lower, it suggests that inflation is cooling off, which could be a bullish sign for the markets. 📈

The outcome of today’s CPI data will also influence the possibility of a rate cut in September. If the data is favorable, we might see the market soar to new heights! 🚀

Stay tuned, and keep those fingers crossed! 🤞 Don’t miss out on any updates—hit that follow button now!

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