The US #CPI data will be released today at 12.30 PM UTC.
• Expectations: 2.6%
The market is currently predicting a 35% probability of a 50BPS rate cut.
➤ If CPI < 2.6%, it will be bullish, and 50BPS rate cut chances will go up.
➤ If CPI > 2.6%, a dump could happen, and 25BPS rate cut chances will go up.
#cpi #USCPI #BTC☀ #Write2Earn! #crypto