Big Moves in Bitcoin: Moving $700M in 35 Days
A person with a lot of Bitcoin has been very busy buying and selling.

Just Now: They put 800 Bitcoins ($54.6 million) into #Binance right after the March #CPIinflation was released.

Yesterday: They moved another 800 Bitcoins ($57.16 million) into Binance, and right after, the price of #Bitcoin went down around 4%

Last 35 Days: They've moved 10,913 Bitcoins to Binance and Deribit.

What They Have Now: They still have 13,665 Bitcoins, which is worth a lot - about $942 million.

Their Bitcoin Address:
3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN
$BTC

July's CPI Insights For The Fed

• The July CPI continues a trend of cooling inflation, making a September rate cut from the Fed highly probable.

• This report may ease internal disagreements, reducing the chances of dissent when the first rate cut happens.

• The debate over a 25 bps vs. 50 bps cut remains unresolved. A 50 bps cut might require worsening labor market conditions.

• A key question for the September FOMC will be how many rate cuts are expected for the rest of the year. The September SEP is unique, as it's calendar-based and will guide policy for the November and December meetings.

#CPIInsights #LowestCPI2021 #cpi #CPI_DATA #CPIinflation

After the August CPI inflation data hit the headlines,

the odds of a 50 basis point rate cut this month plummeted from 34% to a mere 8%, according to a prediction markets.

What will be the FED’s decision?

#CPI_BTC_Watch #CPIinflation #CPIdata #FedDecision #Write2Earn!

$BTC $BTC $BTC
BTC is gaining upward momentum. Crucial point to watch 60k. If it breaks and hold above 60k it boost towards 61k or even 62k. If it got rejected from 60k you have to watch carefully 58800k support level. And try to trade within the range of support and resistance.
Means 58800 to 60k. Short trade would be beneficial for now.
#BTC60KResistance #CPIinflation #SafeInvestingWithBinance #Safe_TradingStrategies