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📈 US Inflation Data Supports Crypto Stability

November’s CPI rose 2.7% YoY, matching forecasts. Core CPI climbed 3.3%, calming market fears. Stable inflation is boosting investor confidence across assets, including crypto.

*/ Why It Matters: Consistent inflation reduces uncertainty, encouraging capital flow into $BTC and other cryptos.

*/ Bitcoin's Reaction: Similar CPI stability in October helped Bitcoin hit $92K. Liquidity remains favorable for risk assets like crypto.

*/ Looking Ahead: Investors should track inflation trends and central bank policies as they remain key drivers of market sentiment.

The outlook for December remains bullish—could crypto rally again? 🚀💰

#cryptomarket #CPI #CPI Data# #Bitcoin #Macro Insights#





See more#Macro Insights#posts

December 11, 2024 at 8:49 PM

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SwallowTeam

@SwallowTeam

· 20 hours

Consistent inflation data is exactly what the crypto market needed. 🟢 This reduces uncertainty and could attract more institutional investment

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lvakovik@l6vko

· 2 hours

Elevate your investment portfolio with TKX

#TokenizeXence #TKX

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H.A@H6969

· 1 day

If we all invest together, the market will go up. This will help us all recover our losses.

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Froggu@enuzctut2g3k

· 4 hours

Best frog coin