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$USDC Inflation Report Influences Bitcoin Price # Market analysis # Bitcoin # Bitcoin - BTC Inflation Report Influences Bitcoin Price The Bureau of Labor Statistics (BLS) released the CPI report, indicating a slowdown in inflation for April. This data impacts the Federal Reserve's decisions on interest rates. The Consumer Price Index (CPI) showed a 2.3% annual inflation rate in the US, slightly lower than March. Bitcoin saw a minor price increase following the release, reaching $103,721. The market remained positive despite the lower inflation figures. The CPI data plays a crucial role in the Fed's monetary policy, with rising inflation usually leading to interest rate hikes. However, with inflation easing in April, there may be calls for rate cuts. The Fed is currently expected to maintain the interest rate at 4.50% in the upcoming meeting. President Trump has urged rate cuts, while some speculate on the impact of tariffs on inflation in the future. Fed Chair Powell emphasized the need to wait for more data before adjusting policy.
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#BigTechStablecoin Inflation Report Influences Bitcoin Price # Market analysis # Bitcoin # Bitcoin - BTC Inflation Report Influences Bitcoin Price The Bureau of Labor Statistics (BLS) released the CPI report, indicating a slowdown in inflation for April. This data impacts the Federal Reserve's decisions on interest rates. The Consumer Price Index (CPI) showed a 2.3% annual inflation rate in the US, slightly lower than March. Bitcoin saw a minor price increase following the release, reaching $103,721. The market remained positive despite the lower inflation figures. The CPI data plays a crucial role in the Fed's monetary policy, with rising inflation usually leading to interest rate hikes. However, with inflation easing in April, there may be calls for rate cuts. The Fed is currently expected to maintain the interest rate at 4.50% in the upcoming meeting. President Trump has urged rate cuts, while some speculate on the impact of tariffs on inflation in the future. Fed Chair Powell emphasized the need to wait for more data before adjusting policy.
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#CryptoFees101 Inflation Report Influences Bitcoin Price # Market analysis # Bitcoin # Bitcoin - BTC Inflation Report Influences Bitcoin Price The Bureau of Labor Statistics (BLS) released the CPI report, indicating a slowdown in inflation for April. This data impacts the Federal Reserve's decisions on interest rates. The Consumer Price Index (CPI) showed a 2.3% annual inflation rate in the US, slightly lower than March. Bitcoin saw a minor price increase following the release, reaching $103,721. The market remained positive despite the lower inflation figures. The CPI data plays a crucial role in the Fed's monetary policy, with rising inflation usually leading to interest rate hikes. However, with inflation easing in April, there may be calls for rate cuts. The Fed is currently expected to maintain the interest rate at 4.50% in the upcoming meeting. President Trump has urged rate cuts, while some speculate on the impact of tariffs on inflation in the future. Fed Chair Powell emphasized the need to wait for more data before adjusting policy.
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