#CPI&JoblessClaimsWatch 1. For #CPI&JoblessClaimsWatch
Date: November 11, 2023
Inflation and employment data, such as the CPI or Jobless Claims, have a huge impact on the crypto market! š When these figures come out, pairs like BTC/USDT or ETH/USDT can experience drastic movements. For example, a rise in the CPI can push investors towards assets like Bitcoin for protection. My tip? Keep an eye on these economic announcements and adjust my positions.
Binance is great for following news and trading quickly. Do you also monitor these data for your trades? Which crypto pair seems most sensitive to these numbers? Share your strategies! #CPI&JoblessClaimsWatch