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📈 Market Watch: US Inflation Data Release 📊 Last 10 minutes 🚨🚨🚨 🔍 Today, the US Consumer Price Index (CPI) data is set to be released, with expectations of a 3.4% YoY increase, the same as the previous month. 📈🔍 ⏰ The announcement is scheduled for today, and it's expected to be a significant event that could influence market sentiment. ⏰ 📉 If the inflation rate comes in below expectations (3.4%), it could be a positive sign for the markets, potentially leading to a relief rally. 📉 📈 On the other hand, if the inflation rate is higher than anticipated, it might trigger a bearish reaction, as it could signal that the Fed's rate hikes are not effectively curbing inflation. 📈 😬 Market participants are eagerly waiting to see how the CPI data will impact the Federal Reserve's decision-making process, especially with the upcoming FOMC meeting. 😬 🔮 Overall, the market is bracing for a potentially volatile day, with the CPI data release being a key event that could shape the short-term market direction. 🔮 🙏 Let's hope for positive results and a smooth market reaction! 🙏$BTC #bitcoin #FedRateDecisions #CPIAlert

📈 Market Watch: US Inflation Data Release 📊 Last 10 minutes 🚨🚨🚨

🔍 Today, the US Consumer Price Index (CPI) data is set to be released, with expectations of a 3.4% YoY increase, the same as the previous month. 📈🔍

⏰ The announcement is scheduled for today, and it's expected to be a significant event that could influence market sentiment. ⏰

📉 If the inflation rate comes in below expectations (3.4%), it could be a positive sign for the markets, potentially leading to a relief rally. 📉

📈 On the other hand, if the inflation rate is higher than anticipated, it might trigger a bearish reaction, as it could signal that the Fed's rate hikes are not effectively curbing inflation. 📈

😬 Market participants are eagerly waiting to see how the CPI data will impact the Federal Reserve's decision-making process, especially with the upcoming FOMC meeting. 😬

🔮 Overall, the market is bracing for a potentially volatile day, with the CPI data release being a key event that could shape the short-term market direction. 🔮

🙏 Let's hope for positive results and a smooth market reaction! 🙏$BTC #bitcoin #FedRateDecisions #CPIAlert

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📌What is ENS? Imagine remembering a website name like "callis.crypto" instead of a long, confusing string of letters and numbers. It stands for Ethereum Name Service and lets you create user-friendly names for your crypto addresses. Think of it like a nickname for your crypto wallet. 📌How Does ENS Work? ENS works like a giant address book for the blockchain. It connects your chosen name (like "callis.crypto") to your actual crypto address. When you want to send or receive crypto, you just use the easy-to-remember name. 📌What's the ENS Token For? ENS has its own token, similar to a "membership card" for the service. Owning tokens gives you a say in how ENS is developed and managed. 📌Is ENS Safe and Reliable? ENS takes security seriously. It's open-source, which means everyone can see how it works, and it't been through security checks. 📌What Can You Do With ENS? 1️⃣Easy Crypto Payments: Send and receive crypto using your ENS names. 2️⃣Decentralized Websites: You can even link your ENS name to a website built on a new technology called IPFS. 3️⃣Future Possibilities: New ways to use ENS are constantly being developed. 📊As of June 18, 2024, ENS is doing pretty well in the crypto market. Its price is around $22 and it has a total value of about $1.8 billion. Some experts think it could go up to $49.51 to $63.63 by the end of 2024. ❓Why is ENS doing well? Because it solves a real problem. It makes using cryptocurrency much easier and more user-friendly. Plus, it's built on the Ethereum platform. 💰ENS is definitely something to keep an eye on. Please always remember to do your own research , and don’t take this as a financial advise , stay safe #Write2Earn $ENS #DYOR #NFA
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🚨 Powel Spoke :Inflation, Digital Assets, and the Fed's Dilemma 💰📈 📉 Inflation has eased but it's still sky-high: High inflation can be a double-edged sword for cryptocurrencies. On one hand, it can increase the appeal of cryptocurrencies as a hedge against inflation. On the other hand, if the Fed responds by raising interest rates, it could make traditional investments more attractive compared to cryptocurrencies. 🎯 Fed wants to keep inflation at 2% in the long run: The Fed's inflation target is a key factor in its decision-making process. If the Fed believes that inflation is too high, it could raise interest rates, which could lead to a decrease in the value of cryptocurrencies. 🌍 Immigration has helped more people join the workforce: A strong labor market can be a positive sign for the economy, which could lead to increased investment in cryptocurrencies. However, if the labor market becomes too tight, it could lead to wage inflation, which could prompt the Fed to raise interest rates. 👷 Unemployment rate is low but still a concern: A low unemployment rate is generally a positive sign for the economy. However, if the Fed believes that the labor market is too tight, it could raise interest rates to prevent wage inflation. 🤔 Economic future is up in the air, Fed is keeping an eye on it: The Fed's uncertainty about the economic outlook could lead to increased volatility in the cryptocurrency market. 💪 Fed needs more proof that inflation will hit 2%: The Fed's stance on inflation is a key factor to watch for cryptocurrency investors. If the Fed believes that inflation is under control, it could lead to a more stable cryptocurrency market. However, if the Fed believes that inflation is still a concern, it could lead to increased volatility in the cryptocurrency market. #BTCFOMCWatch #CPIAlert $BTC
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