๐จCPI IS OUT!!! BULLISH RUN CONTINUES ๐ข๐ฅ
The Consumer Price Index (CPI) is out โ and itโs sparking excitement across the markets! ๐ CPI is a key measure the Fed uses to track inflation, measuring how much everyday prices like food, rent, and gas are rising or falling over time. ๐ฏ
The Federal Reserve closely watches CPI to decide whether to raise or lower interest rates. ๐
High CPI = Possible rate hikes to cool the economy ๐ฅถ
Low CPI = Opens the door for rate cuts to stimulate growth ๐ธ
Now hereโs where it gets interesting for crypto:
High CPI can be bullish ๐ฅ because it makes people worry about fiat losing value, pushing them toward crypto as a hedge ๐ก๏ธ
Low CPI can also be bullish ๐ because it means rate cuts may be coming, which boosts liquidity and supports risk assets like Bitcoin and altcoins ๐
Todayโs CPI came in at 0.2% โ slightly higher than last monthโs 0.1% but lower than the 0.3% forecast ๐ง. Thatโs a โjust rightโ number โ not too hot, not too cold โ and markets love it! ๐ข
Conclusion:
This CPI report is giving bulls more fuel ๐๐จ. Controlled inflation + a hint at future rate cuts = more upside potential for crypto and stocks ๐. The bullish run continues โ eyes now turn to the Fedโs next move! ๐ฏ
