🚨 CPI Day: Will the Fed Cut Rates and Send Crypto Flying? 👀
Something big is dropping today... the U.S. CPI report.
This is the Fed’s main inflation gauge, and it decides how soon they pull the trigger on rate cuts.
Traders are on edge. If inflation cools, the Fed could cut rates sooner. That would mean more risk-taking, and yes… more money flowing into crypto.
Bitcoin already teased the move, touching near $114K as whispers of rate cuts grew louder. ETH, XRP, and even meme coins are riding the wave. Institutions are also back in play, with ETF inflows turning green again.
But here’s the catch... if today’s CPI is hotter than expected, the party could end fast. Think big red candles and panic selling.
Feels like the Fed is holding the remote, and the whole market is waiting for them to press play. 🎬
What do you think about this?
