JUST IN: All Eyes on Today's CPI — A Pivotal Moment for Crypto!
Federal Reserve Chair Jerome Powell previously stated that interest rate cuts are on hold due to uncertainty around tariffs possibly driving inflation higher. However, today’s CPI data could change everything.
If CPI comes in low, it weakens Powell’s reason to delay rate cuts — potentially opening the door for monetary easing.
Why it matters for crypto?
Lower inflation = Higher chance of rate cuts = Bullish momentum for Bitcoin and altcoins.
Traders and investors are watching closely. A soft CPI print could trigger the next leg up in the crypto bull run.
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