🛟Breaking news reveals a sudden decline in the cryptocurrency market following a week of gains, t
riggered by higher-than-anticipated US inflation at 3.1%.
This inflation figure prompted a reassessment of interest rate expectations for 2024, with market predictions now anticipating only four interest rate cuts compared to the previously projected six. This adjustment aligns with the Federal Reserve's guidance of three rate cuts for the year.
The probability of a rate cut in March is now below 10%, with declining chances for May as well.
Factors influencing rate expectations include inflation data,
economic growth,
and investors'
outlook on the economy's future trajectory. It's crucial to stay updated on economic data and central bank guidance for the latest predictions amid this volatile market environment#Write2Earn #TrendingTopic #BTC #Inflationrate .

Bitcoin tests near ATH at $69,300, faced rejection near $70,000. Leveraged shorts narrowly avoid liquidation above $70K, while longs vulnerable at $66K. Fed admits inflation winning, CPI & PPI data could impact risk-on assets. Profit-taking evident, whale transfers 4,000 BTC. Triangle pattern's breakout awaited. #BTC #BiyondDaily #Inflationrate

Here’s what JPMorgan thinks could happen to the market tomorrow following CPI - CNBC
#BullorBear #BTCHalvingApril2024 #Inflationrate #market_analysis

US Inflation Rate (CPI), YoY % Change:

Dec 2022: 6.5%
Jan 2023: 6.4%
Feb 2023: 6.0%
Mar 2023: 5.0%
Apr 2023: 4.9%
May 2023: 4.0%
Jun 2023: 3.0%
Jul 2023: 3.3%
Aug 2023: 3.7%
Sep 2023: 3.7%
Oct 2023: 3.2%
Nov 2023: 3.1%
Dec 2023: 3.4%

#US #Inflationrate

$LUNA I don't know but I noticed that the majority of investors in Luna ustc and lunc are Turkish citizens. Turkey has had high inflation for years. I think that's why they are so attracted to a currency with a high inflation rate. 🤷🏽‍♂️

Don't get me wrong, I love this country and I love to go on holiday there. But I don't understand why this thing with being attracted to inflation is so big.

would you be so kind and explain this to me??

$BTC $SOL #BullorBear
#BinanceLaunchpool #Memecoins #Inflationrate

#BTC #Inflationrate #InvestInMay

Looks like someone already got those inflation number this time.

Keep in mind it might be lower but in long term we are still at risk.

Take your profit margins and get out slowly, and always keep a SL.

As always DYOR and be safe .

$BTC $ETH

🚀 Pre-halving: 900 BTC mined daily, 1.7% inflation rate.

Post-halving: 450 BTC daily, a 0.85% annual inflation rate—lower than Gold's! ✨

#Bitcoin❗️ #CryptoNews🚀🔥 #Inflationrate

📉 Economic turbulence ahead?

Q1 2024 GDP growth dives to 1.6%, way below expectations! 😱

Hold onto your hats: Inflation's soaring, with the US Core PCE Price Index hitting 3.7%! 

📈 Brace yourselves, folks, tough times ahead for the economy!

#GDP #Inflationrate #economy