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🇺🇸JUST IN: New York City Mayor Adams says he wants to "make NYC the crypto capital of the globe."
"I supported crypto long before any of my mayoral peers."
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#CryptoRoundTableRemarks THE U.S. TREASURY PLANS TO MEET #BITCOIN AND CRYPTO KEY PLAYERS FOR A CLOSED-DOOR ROUNDTABLE THIS WEEK.
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*🔥🚀 CRYPTO MARKET ON THE BRINK: CPI DATA AHEAD! 🚀* The crypto world is buzzing with excitement as investors eagerly await the US Consumer Price Index (CPI) data release 📊. Let's break it down in simple terms: *📉 What's Happening in the Market?* Bitcoin's value recently dipped below $102,000, causing over $730 million in liquidations across crypto markets 💸. This downturn is partly due to investors taking profits before the CPI data release 🤔. *📊 What to Expect from CPI Data?* The CPI data is expected to show a 2.4% annual inflation rate in April 📈. If the reading is softer than expected, it could boost investor confidence and drive crypto prices up 🚀. On the other hand, a higher-than-expected number might strengthen the dollar and weigh on crypto prices 💸. *💡 Impact on the Crypto Market* Traders are being cautious, with some analysts seeing the current dip as a healthy correction that could enable Bitcoin to retest $105,000 later this week 📈. Institutional demand remains strong, with corporations acquiring over 157,000 BTC in 2025 📊. *🔍 What's Next?* The crypto market is on edge, waiting to see how the CPI data will affect prices. Will it be a boost or a bust? 🤔 Only time will tell! 🚀👀 *Key Takeaways:* - Bitcoin's value dipped below $102,000 - CPI data expected to show 2.4% annual inflation rate - Traders are cautious ahead of CPI data release - Institutional demand for Bitcoin remains strong Stay tuned for more updates on the crypto market! #CryptoCPIWatch
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🛡️LATEST: Charles Hoskinson says #Cardano may be the first ecosystem to create a private stablecoin where users' transaction amounts & recipient addresses would be hidden from public view.
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JUST IN: 🇺🇸 SEC Chair Paul Atkins says developing a "rational regulatory framework for crypto" is a top priority for him 👀
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