US_Inflation_Easing_Alert
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The latest PCE Inflation report reveals a 2.6% rise in May, hinting at easing inflation and potential Fed rate cuts. 📊 How will this impact your investments and the crypto market? Dive into the conversation and share your insights!
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U.S. PCE Inflation Hits 2.6% in May, Signaling Easing Inflationary Pressure
According to Binance Research: The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, rose by 2.6% year-on-year in May, in line with analysts’ expectations. This slight decrease from the previous month’s 2.7% increase indicates a potential easing of inflationary pressures in the U.S. economy.
Key Highlights
PCE Inflation Rate: The PCE Index recorded a 2.6% rise in May, consistent with market forecasts.
Comparison to Previous Month: This figure represents a minor decline from the 2.7% year-on-year increase reported in April.
Core PCE Inflation: The latest reading marks the lowest core PCE inflation rate since March 2021.
Market Reaction: As of the report, S&P 500 futures increased by approximately 0.4%, while the cryptocurrency market remained relatively stable.
Implications of the Report
The PCE inflation rate meeting expectations and showing a slight decline from the prior month suggests a positive trend towards easing inflation. If sustained, this trend could reduce the Federal Reserve's pressure to maintain high interest rates, paving the way for potential future rate cuts. Such a move would likely benefit equities and cryptocurrencies. Traders are already factoring in a possible rate cut by the Federal Reserve in September.
What’s Next?
FOMC Minutes: Investors are eagerly awaiting the release of the Federal Open Market Committee (FOMC) minutes on July 3 for the Fed's latest views on monetary policy.
Employment Report: The U.S. employment report, scheduled for release on July 5, will provide additional insights into the job market, further shaping expectations for inflation and interest rate policies.
This report on the U.S. PCE inflation underscores a hopeful sign of easing inflationary pressures, which could influence future Federal Reserve actions and market trends.
Key Highlights
PCE Inflation Rate: The PCE Index recorded a 2.6% rise in May, consistent with market forecasts.
Comparison to Previous Month: This figure represents a minor decline from the 2.7% year-on-year increase reported in April.
Core PCE Inflation: The latest reading marks the lowest core PCE inflation rate since March 2021.
Market Reaction: As of the report, S&P 500 futures increased by approximately 0.4%, while the cryptocurrency market remained relatively stable.
Implications of the Report
The PCE inflation rate meeting expectations and showing a slight decline from the prior month suggests a positive trend towards easing inflation. If sustained, this trend could reduce the Federal Reserve's pressure to maintain high interest rates, paving the way for potential future rate cuts. Such a move would likely benefit equities and cryptocurrencies. Traders are already factoring in a possible rate cut by the Federal Reserve in September.
What’s Next?
FOMC Minutes: Investors are eagerly awaiting the release of the Federal Open Market Committee (FOMC) minutes on July 3 for the Fed's latest views on monetary policy.
Employment Report: The U.S. employment report, scheduled for release on July 5, will provide additional insights into the job market, further shaping expectations for inflation and interest rate policies.
This report on the U.S. PCE inflation underscores a hopeful sign of easing inflationary pressures, which could influence future Federal Reserve actions and market trends.
🔴 $WIF UPDATES 🔴
Current Price: WIF is currently trading at $1.96, which is a decrease from its recent high1.
24-Hour Trading Volume: The total volume traded in the last 24 hours is approximately $367.75 million.
Market Sentiment: The Relative Strength Index (RSI) is at 39, suggesting that WIF might be oversold and could potentially rebound if market sentiment improves
.Support Level: The major support level for WIF is at $1.442.
Market Position: WIF is the 54th largest cryptocurrency by market capitalization and has experienced a significant drop from its all-time high
#wif #US_Inflation_Easing_Alert #IntroToCopytrading #SOFR_Spike #Write&Earn
$NOT
Current Price: WIF is currently trading at $1.96, which is a decrease from its recent high1.
24-Hour Trading Volume: The total volume traded in the last 24 hours is approximately $367.75 million.
Market Sentiment: The Relative Strength Index (RSI) is at 39, suggesting that WIF might be oversold and could potentially rebound if market sentiment improves
.Support Level: The major support level for WIF is at $1.442.
Market Position: WIF is the 54th largest cryptocurrency by market capitalization and has experienced a significant drop from its all-time high
#wif #US_Inflation_Easing_Alert #IntroToCopytrading #SOFR_Spike #Write&Earn
$NOT
### $JASMY UPDATES ###
JASMY is valued at $0.02508 today, which is a 9.1% decrease from yesterday. The coin’s value has declined by 15.3% compared to last week. The trading volume over the last 24 hours was $108,201,390. JASMY is currently in a descending channel. If it maintains above the support level of $0.02757, there could be a breakout leading to gains. However, if it falls below this support, further downward movement is likely. The RSI stands at 28.18, reflecting neutral market sentiment and not indicating an imminent trend reversal. JASMY is nearing the support zone of $0.024 - $0.025; a bounce is expected here. If the price drops temporarily, it’s crucial for bullish momentum to push it back above support to prevent a stronger downtrend.
$JASMY
#JASMY #NOT🔥🔥🔥 #US_Inflation_Easing_Alert #MiCA #BinanceTournament
JASMY is valued at $0.02508 today, which is a 9.1% decrease from yesterday. The coin’s value has declined by 15.3% compared to last week. The trading volume over the last 24 hours was $108,201,390. JASMY is currently in a descending channel. If it maintains above the support level of $0.02757, there could be a breakout leading to gains. However, if it falls below this support, further downward movement is likely. The RSI stands at 28.18, reflecting neutral market sentiment and not indicating an imminent trend reversal. JASMY is nearing the support zone of $0.024 - $0.025; a bounce is expected here. If the price drops temporarily, it’s crucial for bullish momentum to push it back above support to prevent a stronger downtrend.
$JASMY
#JASMY #NOT🔥🔥🔥 #US_Inflation_Easing_Alert #MiCA #BinanceTournament
Akinola Femi, a Nigerian man who mistakenly received $15,000 (roughly N21 million) from a foreign cryptocurrency trader, explained his decision to return the money.
He stated, "I cannot keep the money because it is not mine. I am a child of God..."
#BinanceTournament #LayerZero #US_Inflation_Easing_Alert #LayerZero #LayerZero
He stated, "I cannot keep the money because it is not mine. I am a child of God..."
#BinanceTournament #LayerZero #US_Inflation_Easing_Alert #LayerZero #LayerZero
🔴 $BNX UPDATES 🔴
BNX has seen a notable recovery, currently trading at $1.01, which is a 71% increase from its recent low point of $0.65. Within a span of three days, it has approached $1.65. The RSI, at 65, suggests a strong bullish trend. The token’s significant support level is at $0.65, and maintaining above this threshold could potentially lead to an increase towards the $1.20 level. The resistance to watch is at $1.25. Despite bearish conditions in the broader market, BNX has remained resilient, not breaking below its support levels
#bnx #not #btc #US_Inflation_Easing_Alert #VanEck_SOL_ETFS $BTC
BNX has seen a notable recovery, currently trading at $1.01, which is a 71% increase from its recent low point of $0.65. Within a span of three days, it has approached $1.65. The RSI, at 65, suggests a strong bullish trend. The token’s significant support level is at $0.65, and maintaining above this threshold could potentially lead to an increase towards the $1.20 level. The resistance to watch is at $1.25. Despite bearish conditions in the broader market, BNX has remained resilient, not breaking below its support levels
#bnx #not #btc #US_Inflation_Easing_Alert #VanEck_SOL_ETFS $BTC
### $WLD Critical Updates ###
WLD is currently priced at $2.24, with the RSI at 46 and a support level at $2.14. The coin has seen a significant 58% decrease since early June, but it has recently bounced 9% from the weekly support level of $2.183. Technical analysis indicates a bullish divergence on a momentum indicator, suggesting potential upward movement.
If WLD maintains above $2.183, it could see a 17% rally to $2.799, which corresponds to the 61.8% Fibonacci retracement level from the June 20 high of $3.203 to the July 3 low of $2.145. This target is in line with the daily resistance level of $2.797.
Should WLD surpass $2.799, an additional 15% increase could be possible, potentially reaching the June 20 high of $3.203. Conversely, a daily close below $2.145 could signal a bearish market shift. It’s crucial for traders to watch these levels as indicators of WLD’s market direction.
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
$BTC
WLD is currently priced at $2.24, with the RSI at 46 and a support level at $2.14. The coin has seen a significant 58% decrease since early June, but it has recently bounced 9% from the weekly support level of $2.183. Technical analysis indicates a bullish divergence on a momentum indicator, suggesting potential upward movement.
If WLD maintains above $2.183, it could see a 17% rally to $2.799, which corresponds to the 61.8% Fibonacci retracement level from the June 20 high of $3.203 to the July 3 low of $2.145. This target is in line with the daily resistance level of $2.797.
Should WLD surpass $2.799, an additional 15% increase could be possible, potentially reaching the June 20 high of $3.203. Conversely, a daily close below $2.145 could signal a bearish market shift. It’s crucial for traders to watch these levels as indicators of WLD’s market direction.
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
$BTC
Telgram : RajaHamza0316
#WLD/USDT
Long
Leverage: 30x
Entry point: 2.3703
TARGETS: 2.3895 -2.4185 -2.4654 -2.4881.
Stop: 2.3311
#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading $WLD
#WLD/USDT
Long
Leverage: 30x
Entry point: 2.3703
TARGETS: 2.3895 -2.4185 -2.4654 -2.4881.
Stop: 2.3311
#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading $WLD
⚠️$WLD Critical Updates ⚠️
WLD is trading at $2.40, up 4.2% from yesterday. However, it’s 12.9% lower than its value a week ago. The 24-hour trading volume is $364,523,210. The RSI is at 46, and the current support level is $2.12. It’s holding above the significant $2.00 support. A drop below this could lead to a fall towards $1.00. Conversely, if WLD breaks the $2.57 resistance, it might climb towards $2.68. Notably, WLD has experienced its largest decline since its inception, with a 58% decrease since early June.
$WLD
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
$BTC
WLD is trading at $2.40, up 4.2% from yesterday. However, it’s 12.9% lower than its value a week ago. The 24-hour trading volume is $364,523,210. The RSI is at 46, and the current support level is $2.12. It’s holding above the significant $2.00 support. A drop below this could lead to a fall towards $1.00. Conversely, if WLD breaks the $2.57 resistance, it might climb towards $2.68. Notably, WLD has experienced its largest decline since its inception, with a 58% decrease since early June.
$WLD
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
$BTC
🔴 $LISTA Updates 🔴
LISTA is currently valued at $0.6159, reflecting a 5.0% decrease from yesterday. This week, it’s down by 11.4%. The 24-hour trading volume stands at $63,865,815. Having broken the $0.62 support, it now finds support at $0.60, with a consistent level at $0.54 over the past five days. If this trend continues, a further decline to $0.56 could occur. The EMA indicates potential bullish trends ahead. Although LISTA achieved a higher low of $0.85, it failed to breach that level. Over the past week, the USD exchange rate varied, peaking at $0.794902 and dipping to $0.615942. The volatility is attributed to LISTA’s recent Binance listing, which initially spiked demand but now aligns with broader market trends.
#lista #ListaMegadrop #not #altcoins #US_Inflation_Easing_Alert
LISTA is currently valued at $0.6159, reflecting a 5.0% decrease from yesterday. This week, it’s down by 11.4%. The 24-hour trading volume stands at $63,865,815. Having broken the $0.62 support, it now finds support at $0.60, with a consistent level at $0.54 over the past five days. If this trend continues, a further decline to $0.56 could occur. The EMA indicates potential bullish trends ahead. Although LISTA achieved a higher low of $0.85, it failed to breach that level. Over the past week, the USD exchange rate varied, peaking at $0.794902 and dipping to $0.615942. The volatility is attributed to LISTA’s recent Binance listing, which initially spiked demand but now aligns with broader market trends.
#lista #ListaMegadrop #not #altcoins #US_Inflation_Easing_Alert
⚠️ $BNX Updates ⚠️
BNX is currently priced at $1.07, marking a substantial 71% increase from the recent low of $0.65. The token has made a significant recovery, climbing towards $0.95 within just two days. The RSI is currently at 70, indicating strong buying momentum. The crucial support level for BNX is at $0.65, and staying above this could lead to a potential rise towards the $1.20 mark. The next key resistance level to watch is $1.25.
#bnx #not #btc #US_Inflation_Easing_Alert #VanEck_SOL_ETFS $BTC
BNX is currently priced at $1.07, marking a substantial 71% increase from the recent low of $0.65. The token has made a significant recovery, climbing towards $0.95 within just two days. The RSI is currently at 70, indicating strong buying momentum. The crucial support level for BNX is at $0.65, and staying above this could lead to a potential rise towards the $1.20 mark. The next key resistance level to watch is $1.25.
#bnx #not #btc #US_Inflation_Easing_Alert #VanEck_SOL_ETFS $BTC
🚨 BULL RUN 💪🤯
Recently btc dumped from 63800 to 60600 beacuse of Fed chairman Jerome Powell speech however the summary of the speech is that the labour is strong inflation is getting better and the overrall view of market is great 😃👍
but why did btc fall yesterday despite the positive outlook from Jerome Powell ( fed reserves chairman ) so the reason is most of mid sized and big investors take out there money when Jerome Powell speeches because his words can have a drastic change in the market
The reason is most of the people took out there money because of Jerome Powells speech which resulted in the dip of btc
The money is starting to flow in again and we will see bull run soon
Btc was making higher high to 63800 a correction was required to make another higher high the market cannot go up in a constant direction
While July is the month which has shown the most amount of btc etf inflows from fidelity BlackRock Vaneck etc if these organizations are putting money inside btc btc cannot dump because they control the whole United States economy they will never let btc down they are planning for the ATH
DYOR
btc analysis update
#btc #US_Inflation_Easing_Alert #MiCA #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments
Recently btc dumped from 63800 to 60600 beacuse of Fed chairman Jerome Powell speech however the summary of the speech is that the labour is strong inflation is getting better and the overrall view of market is great 😃👍
but why did btc fall yesterday despite the positive outlook from Jerome Powell ( fed reserves chairman ) so the reason is most of mid sized and big investors take out there money when Jerome Powell speeches because his words can have a drastic change in the market
The reason is most of the people took out there money because of Jerome Powells speech which resulted in the dip of btc
The money is starting to flow in again and we will see bull run soon
Btc was making higher high to 63800 a correction was required to make another higher high the market cannot go up in a constant direction
While July is the month which has shown the most amount of btc etf inflows from fidelity BlackRock Vaneck etc if these organizations are putting money inside btc btc cannot dump because they control the whole United States economy they will never let btc down they are planning for the ATH
DYOR
btc analysis update
#btc #US_Inflation_Easing_Alert #MiCA #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments
### $WLD Critical Updates ###
WLD is currently priced at $2.35, showing a 2% increase from the previous day. The RSI stands at 46, indicating a neutral market sentiment. The token is maintaining above the crucial $2.00 support level. If it drops below, there’s a potential decline towards $1.00. On the upside, breaking past the $2.57 resistance could lead to an increase towards $2.68. Despite being the top gainer with a 9% surge in the last day among the top cryptocurrencies, WLD has seen a significant 58% decline since early June.
Currently, WLD’s market cap is around $357 million, ranking it as the 98th-largest cryptocurrency. It remains 80% below its all-time high of $11.82 from March 10. The daily unlock rate for Worldcoin is at 3.19 million WLD, valued at roughly $7.91 million. This rate is projected to more than double by July 24, 2024, reaching 6.61 million WLD daily, equivalent to about $16.39 million.
$WLD
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
$BTC
WLD is currently priced at $2.35, showing a 2% increase from the previous day. The RSI stands at 46, indicating a neutral market sentiment. The token is maintaining above the crucial $2.00 support level. If it drops below, there’s a potential decline towards $1.00. On the upside, breaking past the $2.57 resistance could lead to an increase towards $2.68. Despite being the top gainer with a 9% surge in the last day among the top cryptocurrencies, WLD has seen a significant 58% decline since early June.
Currently, WLD’s market cap is around $357 million, ranking it as the 98th-largest cryptocurrency. It remains 80% below its all-time high of $11.82 from March 10. The daily unlock rate for Worldcoin is at 3.19 million WLD, valued at roughly $7.91 million. This rate is projected to more than double by July 24, 2024, reaching 6.61 million WLD daily, equivalent to about $16.39 million.
$WLD
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
$BTC
When you see a significant price drop in the market (red sea), what is one potential strategy you might consider?
A) Buying more of the cryptocurrency
B) Selling all your holdings immediately
C) Ignoring the marketD) Investing in real estate instead
$BTC
$NOT
$BNB
#US_Inflation_Easing_Alert #IntroToCopytrading #BinanceTournament #LayerZero
A) Buying more of the cryptocurrency
B) Selling all your holdings immediately
C) Ignoring the marketD) Investing in real estate instead
$BTC
$NOT
$BNB
#US_Inflation_Easing_Alert #IntroToCopytrading #BinanceTournament #LayerZero
Update on $BTC
Bitcoin is still moving according to plan, having consolidated above and reached the expected $63k range. The last low is unfolding as expected.
Remember, we have NFP news on Friday. Sentiment suggests it will be positive for crypto. Until then, here's the picture I'm watching.
#US_Inflation_Easing_Alert #NFPrompt #bitcoin☀️ #BTC☀ #bitcoin☀️
Bitcoin is still moving according to plan, having consolidated above and reached the expected $63k range. The last low is unfolding as expected.
Remember, we have NFP news on Friday. Sentiment suggests it will be positive for crypto. Until then, here's the picture I'm watching.
#US_Inflation_Easing_Alert #NFPrompt #bitcoin☀️ #BTC☀ #bitcoin☀️
### $WLD Critical Updates ###
WLD is trading at $2.33, a slight 0.6% decrease from yesterday, and 18.3% lower than last week. The RSI is in the oversold territory, suggesting the possibility of a rebound. The altcoin has seen its largest decline since inception, with a 58% drop since early June. Currently, WLD is above the crucial $2.00 support level. If it falls below this, it could potentially drop to $1.00. Conversely, positive indicators may lead to a recovery towards $3.00 if it breaks past the resistance.
$WLD
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
$BTC
WLD is trading at $2.33, a slight 0.6% decrease from yesterday, and 18.3% lower than last week. The RSI is in the oversold territory, suggesting the possibility of a rebound. The altcoin has seen its largest decline since inception, with a 58% drop since early June. Currently, WLD is above the crucial $2.00 support level. If it falls below this, it could potentially drop to $1.00. Conversely, positive indicators may lead to a recovery towards $3.00 if it breaks past the resistance.
$WLD
#US_Inflation_Easing_Alert #VanEck_SOL_ETFS #altcoins #btc #wld
$BTC
bonk/usd
long entry 0.0237 0.022
targets
0.026
0.030
0.035
0.040
$BONK $BONK
#Write2Earn! #BinanceTournament #US_Inflation_Easing_Alert #MiCA #IntroToCopytrading
long entry 0.0237 0.022
targets
0.026
0.030
0.035
0.040
$BONK $BONK
#Write2Earn! #BinanceTournament #US_Inflation_Easing_Alert #MiCA #IntroToCopytrading
A 10% loss requires a 11% gain to get
back to even
A 20% loss requires a 25% gain to get
back to even
A 50% loss requires a 100% gain to get
back to even
A 90% loss requires a 900% gain to get
back to even
Huge gains aren't easy & big losses
destroy capital: Avoid big losses.
#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading
back to even
A 20% loss requires a 25% gain to get
back to even
A 50% loss requires a 100% gain to get
back to even
A 90% loss requires a 900% gain to get
back to even
Huge gains aren't easy & big losses
destroy capital: Avoid big losses.
#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading
### $ZRO UPDATE ###
ZRO is priced at $3.77, reflecting a 5.9% decline from yesterday. Despite this, it has seen a 43.0% increase from its value a week ago. The trading volume for LayerZero over the last 24 hours was $643,585,145. With an RSI close to 43, there’s an indication of strong buying momentum, though it’s nearing overbought conditions.
LayerZero’s ecosystem, which includes DeFi projects like SushiSwap, Stargate, Radiant Capital, and Trader Joe, leverages LayerZero for multichain solutions, addressing issues like liquidity fragmentation.
$ZRO
#LayerZero #VanEck_SOL_ETFS #btc #US_Inflation_Easing_Alert #Write2Earn!
ZRO is priced at $3.77, reflecting a 5.9% decline from yesterday. Despite this, it has seen a 43.0% increase from its value a week ago. The trading volume for LayerZero over the last 24 hours was $643,585,145. With an RSI close to 43, there’s an indication of strong buying momentum, though it’s nearing overbought conditions.
LayerZero’s ecosystem, which includes DeFi projects like SushiSwap, Stargate, Radiant Capital, and Trader Joe, leverages LayerZero for multichain solutions, addressing issues like liquidity fragmentation.
$ZRO
#LayerZero #VanEck_SOL_ETFS #btc #US_Inflation_Easing_Alert #Write2Earn!
$BURGER
Buy the dump!
On the strong demand zone
D.C.A Now if you bought earlier!
#US_Inflation_Easing_Alert #MiCA #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #BinanceTournament
Buy the dump!
On the strong demand zone
D.C.A Now if you bought earlier!
#US_Inflation_Easing_Alert #MiCA #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #BinanceTournament
LIVEVectRast
--
Bullish
$BURGER
Strong Demand Zone
It bounces Multiple times from here
Have a good trendline support also!
• On Huge Breakout
• Low-cap #gaming gem coin.
• Volume spikes coming
• Next #binance gainer loading
Keep an eye 👀
#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading #VanEck_SOL_ETFS #BinanceTournament
Strong Demand Zone
It bounces Multiple times from here
Have a good trendline support also!
• On Huge Breakout
• Low-cap #gaming gem coin.
• Volume spikes coming
• Next #binance gainer loading
Keep an eye 👀
#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading #VanEck_SOL_ETFS #BinanceTournament
