#CPI&JoblessClaimsWatch
Crypto & Economy: Why CPI & Jobless Claims Matter
๐ CPI up 0.1% | ๐งพ Jobless claims at 223K
Stable inflation & job market, but tariff fears hit sentiment.
Why it matters:
๐ธ High CPI = Inflation hedge? Crypto gains appeal
โ ๏ธ Rising jobless claims = Risk-off = Less crypto appetite
๐ฆ Interest rate hikes = Money flows to safer assets
๐ Market reacts fast to surprises