#HumafFinance ⚡️Event of the Day: CPI Report

Today at 15:30, data on inflation for June will be published, showing how much prices in the USA have risen over the past month. According to preliminary forecasts, the CPI will be 2.6%, which is 0.2% higher than in May.

📊Against the backdrop of Trump's tariffs, the CPI may show an increase of 0.1-0.2%. An increase above 2.6% would be a negative signal for the crypto market.

🔽In anticipation of the CPI data release, the market has begun to correct. Over the past 24 hours, BTC has dropped by 5%, while altcoins have fallen by 3-10%. The decline was triggered by liquidations. Over the past day, more than $1.01 billion was liquidated in the market.

😡Trump claims that the Fed's rates are too high and cost the USA $360 billion for each point annually, and he calls for a reduction to at least 1%.

🤑Analysis of Bitcoin Exchange transaction flow showed that profit-taking sharply increased after breaking through $123 thousand.

🗣"Such movement usually indicates a local peak and can lead to a healthy correction or consolidation in the coming days," said a CryptoQuant analyst.

@humafinance