#CPI & #JoblessClaims Watch | $BTC Update Inflation Drops, B | Aasifnawaz on Binance Square

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#CPI & #JoblessClaims Watch | $BTC UpdateInflation Drops, Bonds Jolt – Is Crypto the Next to Surge?
March CPI slows to 2.1% – the sharpest decline since 2020!
Rate cuts could be on the table soon – bullish for crypto!
Bitcoin stays resilient near $80K, but ETF outflows hint at cautious optimism from the bulls.

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#FXSUSDT The ascending triangle has been broken. The price is moving with strong momentum and has started a strong uptrend. We expect the price to pullback after a confident break of the triangle and then continue its upward movement.

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#KNCUSDT After collecting liquidity below the range channel, the price has managed to return to the range limit. It has also broken the downward trendline. We expect the price to move at least to the ceiling of this range and, if it breaks, it can reach higher targets.

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#CryptoCPIWatch CPI data just dropped — and the market’s holding its breath. With inflation guiding the Fed’s next move, crypto traders are watching closely. Will a cooler CPI spark a rally, or will stubborn inflation keep Bitcoin and altcoins in limbo? $BTC and $ETH are already stirring — are you trading the news or staying on the sidelines? Stay alert. Volatility thrives on days like this. #Bitcoin #Ethereum #CryptoNews

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$BTC Bitcoin is solidifying its role as a leading digital asset, driven by growing institutional interest and adoption as legal tender in some countries. Forecasts suggest a strong year ahead, with the potential for the price to reach new all-time highs.

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#USHouseMarketStructureDraft Donald Trump has pledged to turn the U.S. into the “crypto capital of the planet,” a goal that will require significant cryptocurrency legislation from his administration. While proposals for both stablecoin regulation and market structure legislation were anticipated within the first 100 days of his term, lawmakers have made limited tangible progress toward establishing a comprehensive domestic policy framework—especially regarding crypto markets. And if Tuesday’s (May 6) developments from the joint hearing titled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century”, held by the House Financial Services Committee, are any indication, momentum may still be lacking.

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