🚨 #CryptoAlert BREAKING #Bitcoin , #Ethereum , #XRP Rise With Stocks. Why Crypto Records May Fall.❣️ 🧨Bitcoin,,
BTCUSD+1.61%and other major cryptocurrencies were rising on Wednesday after the latest inflation data raised hopes of a Federal Reserve interest-rate cut next month.
🧨Crypto was benefiting from the same momentum that was pushing up stocks after the consumer price index came in slightly weaker than expected on Tuesday. That gave traders confidence that the Fed could lower borrowing costs by a quarter point at its Sept. 17 decision. Lower rates make risky assets such as stocks and digital assets more attractive relative to lower-yielding investments such as bonds.❣️$BTC