#CPI&JoblessClaimsWatch REMINDER🚨
US CPI drops TODAY at 8:30 AM ET
Market expecting: 2.6%
What it means for markets:
If CPI is lower than expected:
Think rate cuts, easy money, and risk-on vibes. This could pump crypto, stocks, and other risk assets. Lower inflation = Fed may chill on hikes = bullish for Bitcoin and altcoins. A softer dollar could also give crypto an extra boost.
If CPI is higher than expected:
Brace for some volatility. Hot CPI = sticky inflation = Fed might stay aggressive. That means possible rate hikes or staying higher for longer. Risk assets (like crypto) usually take a hit while investors flock to safer plays.
Watch this space—volatility incoming.
#CPI #Bitcoin #CryptoNews #FOMCWatch
83,935.99
+5.71%
1,575.05
+4.26%
