#CryptoCPIWatch Persistent Pressure?
Hey there! 📝 Just scribbled some thoughts on the latest US CPI report... it’s a wild one! 😅 Inflation dropped to 2.4% YoY in March (down from 2.8%), which feels like a sigh of relief 🥳. Gas prices are helping, and it’s got folks on X buzzing about rate cuts coming soon. Could be a green light for stocks & crypto! 🚀BUT—core CPI (the sticky stuff w/o food & energy) is still at 3.3%.
😬 That’s not budging, and with new tariffs on Canada, Mexico, & China, some worry prices could creep up again.What’s it mean?Markets: Stocks might keep climbing if inflation stays chill, but sticky core could spook the Fed. Bonds & dollar? Watching yields & USD closely! 📈Crypto:
Bitcoin could soar if the Fed goes dovish—X is hyped for a BTC breakout! But if CPI surprises high, brace for a dip.
📉 (I’m eyeing those buy opps tho 👀)Keep an eye on:Fed’s next words—rate cuts or nah? 🗣️Tariff drama—new inflation spark? 🔥Volatility—markets might get jumpy! 😵💫What’s your take? Is this a crypto moon shot or a trap? Scribble back! ✍️ #CPI #Crypto #markets #CryptoCPIWatch $BTC