Here the Price moments of Bitcoin and other coins enter the

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Here the Price moments of Bitcoin and other coins enter the last and final round lets see how will the correct they price action. #BTC #ENA #Pepecoin

Here the Price moments of Bitcoin and other coins enter the last and final round lets see how will the correct they price action. #BTC  #ENA  #Pepecoin  

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This Week’s US Inflation Reports Are Expected to Shake Crypto Markets Trending Crypto markets remained flat over the weekend following a fall last week, dropping total capitalization to $2.38 trillion. This week’s economic calendar could induce more volatility as key inflation data is reported alongside a number of Federal Reserve speeches, which could indicate the direction of monetary policy going forward. Economic Calendar Tuesday will see the release of the core PPI (Producer Price Index) report, which reflects input prices for producers and manufacturers, measuring the costs of producing consumer goods and directly affecting retail pricing. It is viewed as a pre-indicator of inflationary pressures, making it a leading indicator for the following month’s CPI (Consumer Price Index) report. Key Events This Week: 1. April PPI Inflation data – Tuesday 2. Fed Chair Powell Speaks – Tuesday 3. April CPI Inflation data – Wednesday 4. April Retail Sales data – Wednesday 5. Philadelphia Fed Manufacturing data – Thursday 6. Total of 12 Fed speaker events this week… — The Kobeissi Letter (@KobeissiLetter) May 12, 2024 April’s Core CPI report is released on Wednesday. This is one of the two key indicators used to measure inflation, the second being Personal Consumption Expenditures or PCE. CPI directly shapes price trends in the economy, consumer spending, and business outlooks. It also directly impacts the Federal Reserve’s policy rate decisions. “If CPI inflation rises again this week, it will mark the third straight monthly increase,” observed the Kobeissi Letter. There are also a total of 12 Federal Reserve speaker events this week, including chair Jerome Powell on Tuesday. According to a Conference Board measure of company CEO expectations survey last week, the majority of US CEOs expect the Fed to cut rates just once this year. Out of 136 CEOs surveyed, 31% said they do not expect any rate cuts this year, while 26% project 2. “Meanwhile, markets are pricing just 2 rate cuts this year as a base case with the first cut in September,”

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