#USInflationData
US inflation data is out and showed some positives, i would say the results are not significantly positive. Core inflation rate YoY is not improved by any points, crucial point is this data doesn’t reflect the trump’s tariff impacts, so 99% FED is not going reduce the interest rate any time soon. So what will this means to crypto, simple its going to have regular market. So expect some pumps and pull backs.
With the corporate and government interest in Crypto, use this period to accumulate your favorite cryptos. Almost all parts of the world other than USA have manage to control their economy and growth. All this cheap prices will be there only until US economy recovery. With all the positive news, crypto will explode, once USA FED decides to cut the interest rate there will be green everywhere.