#CPI&JoblessClaimsWatch

📊🔥 Key data for the markets! 🔥📊

Today, the reports on Inflation (CPI) and Jobless Claims were published in the U.S. 🇺🇸, two indicators closely followed by traders and investors 📈.

👉 What does this mean?

The CPI (Consumer Price Index) shows us how prices of products are rising or falling 💸, while the Jobless Claims indicate how many people have applied for unemployment benefits last week 🏢👩‍💼.

📉 If inflation rises more than expected ➡️ there could be changes in interest rates by the Federal Reserve (and that impacts everything! 🌍).

📈 If jobless claims decrease ➡️ it is a good sign for the strength of the labor market.

💥 But, how does this impact the crypto world?

Although Bitcoin (BTC) and Ethereum (ETH) dominate the headlines, let's not forget that less known cryptocurrencies can react in interesting ways. 🌐🚀

Some not so popular coins you might see moving today are:

🔸 $KSM (Kusama) - A network that experiments with new ideas before launching them on Polkadot 🚀

🔹 $FET (Fetch.ai) - Focused on decentralized artificial intelligence 🤖

🔸 $RSR (Reserve Rights) - Seeking solutions for financial stability in emerging markets 💱

🚨 Remember! The influence of the CPI and Jobless Claims can affect many cryptos due to their connections with the dollar and the state of the global economy 🌍💥.

💡 In summary: these indicators affect not only traditional currencies but also the crypto world. Stay tuned on how these cryptos in your portfolio move! 📊💼