⚡️JUST IN: The CPI figure for the United States came out at a forecast of 2.7% YoY, Core CPI higher than the forecast at 3.1%
💡 Market implications
🔸 US Stocks 🇺🇸 → The overall figure is in line with expectations, leading to a better risk-on investment atmosphere, especially in technology stocks and growth stocks.
🔸 Crypto 💹 → ETH is leading the market, expected to attract investors seeing that the liquidity can be managed and the Federal Reserve still has room to cut interest rates.
🔸 Coin 🪙 → There is potential for further increases if the dollar weakens due to hopes for interest rate cuts.