#CPIWatch ALERT NEWS: 🇺🇸 The U.S. CPI came in higher than expected: 2.7%, compared to a projection of 2.6% and a previous figure of 2.4%. This number reinforces inflationary pressure and may delay any expectations of interest rate cuts by the Fed. For the crypto market, this raises a warning signal: high interest rates for a longer period reduce global liquidity and drive speculative capital away from higher-risk assets, such as Bitcoin and altcoins.
The scenario emphasizes the importance of caution. The market reaction can be immediate, with increased volatility and testing of significant supports on the charts.
Now is the time to analyze coldly and wait for the Fed's next response. The chart will tell the rest of the story.
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