🔥 12508550687| Impact of the CPI on the crypto market 💥
📊 Key data:
– April CPI: +2.4% YoY (in line with expectations)
– Core CPI: +2.8% YoY (slightly below forecasts)
– $BTC: down 1.2%, currently around $102,600
– $ETH: stable, fluctuating between $2,450 and $2,500
🔍 Quick read:
The April CPI shows controlled inflation, reducing pressure on the Fed to raise rates. This could stabilize the market in the short term, but macroeconomic uncertainties remain.
🎯 Conclusion:
Stay alert on the support of $100,000 for $BTC and watch $ETH for a possible recovery towards $2,600 if the market remains positive. 📉
⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always do your own research before investing.
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