Inflation matters to you more than you think!

In the crypto world, every number has meaning...

And the Consumer Price Index (CPI) is the number that shakes the market!

Today, U.S. inflation data was released and came in lower than expected

And the result?

Bitcoin is holding above 103K

All eyes are on the upcoming Federal Reserve movement, and traders are in a state of anticipation and waiting.

Why is #CPI important?

Because it reflects price pressures, and if inflation decreases, there's a good chance we'll see a loosening in monetary policy… and that means more liquidity => potential rise in cryptocurrencies!