Inflation Drops, But Trump’s Tariff Talk Returns—Will Crypto Benefit? 🤝 $TRUMP
👉 U.S. Inflation Cools, Crypto Dives: Is Trump’s Tariff Plan Back on the Table? 👀 $BTC
The data said “relief,” but the market screamed “panic.”
Despite April’s Core PCE— the Fed’s preferred inflation metric—slowing to 2.5%, and headline inflation easing to 2.1%, the crypto market reacted negatively. Rather than rallying, Bitcoin, Ethereum, and most altcoins plunged, dragging total market cap down nearly 3% in just 24 hours. 🤝 $PEPE
🗣 Just hours after the inflation report, The Kobeissi Letter—one of the most influential macro voices—chimed in, as fears about a revived Trump-era tariff plan sparked fresh concerns.
