CPI and Jobless Claims Watch – Are We Heading for a Crypto Shake-Up?
Hey crypto watchers, it’s crunch time! Today, April 11, 2025, at 08:30 AM PDT, the U.S. is dropping the CPI (Consumer Price Index) and jobless claims data, and it could send shockwaves through Binance Square. Greed’s whispering “buy the dip if inflation cools,” with Bitcoin hovering around $83K and altcoins like Solana buzzing. But fear’s nagging—hot CPI or rising claims could tank prices, especially after last week’s 13.43% altcoin dip. Are we in for a rally or a rug pull?
CPI’s expected around 2.4%, but if it spikes above 2.5%, it might signal sticky inflation, pushing the Fed to hold rates—bad news for risk assets like crypto.
Jobless claims are forecasted at 223K; a jump past 230K could hint at a weakening job market, spooking traders. Recent buzz on Square shows mixed vibes—some see a rate cut chance boosting BTC, others warn of a correction if data disappoints. The truth? Markets love certainty, and this data could swing either way.
Stay sharp. Watch the 08:30 AM PDT release, check price reactions on Square, and don’t chase without a plan. This could be your edge!
Follow us for real-time updates, insights, and crypto opportunities you don’t want to miss.
