📢 This Week Is Crucial for Crypto Market: Here's Why: 🤔🤔🤔
📌Cryptocurrency market going through tough phase, and shake-up we are having this week may change things up.
The cryptocurrency market might finally get a shake-up after the upcoming release of the CPI and PPI data this week. Chairman Powell will also deliver his semi-annual monetary policy testimony to the HFSC. With the 25bps rate cut looming on the horizon, things may change rapidly.
Inflation levels are evaluated using economic indicators such as the PPI and CPI, which have a direct impact on monetary policy decisions. A more aggressive stance on interest rates by the Federal Reserve in response to higher-than-expected inflation could have an impact on all financial markets, including cryptocurrencies.
📺 Io .net Token price Prediction:
🔥🔥🔥 io.net (IO) Price Prediction 2024
The 15-minute chart indicates that the IO token is approaching a significant resistance level at $5.215. If the current upward trend continues, this resistance could be breached, potentially increasing IO's market value.
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