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🇺🇸 President Trump says Fed Chair "Jerome Powell is costing our country hundreds of billions of dollars."
"He is truly one of the dumbest, and most destructive, people in Government, and the Fed Board is complicit."#PowellRemarks #WTC #wtcusdt #Write2Earn #CryptoStocks
🇺🇸 President Trump says Fed Chair "Jerome Powell is costing our country hundreds of billions of dollars."
"He is truly one of the dumbest, and most destructive, people in Government, and the Fed Board is complicit."#PowellRemarks #WTC #wtcusdt #Write2Earn #CryptoStocks
The CPI Report will be released at 6 pm today.
🔴Consumer Price Index(CPI):-
This refers to the change in the price paid by consumers for goods and services. This mainly considers the sectors of food, energy, housing, clothing, transportation, health, education, and entertainment.
This report is released monthly and quarterly. This is known as a good measure to get an idea of inflation.
So, if the CPI value increases, it means that inflation is increasing. Then the Federal Reserve (FED) of the United States raises bank interest rates. That is good for the dollar, but not good for BTC.
If the CPI value decreases, it means that inflation is decreasing, and then the FED lowers bank interest rates. That is not good for the dollar, but good for BTC.
So the current expectation is 2.5%. We expect a higher value than the previous value (2.3%).
If that happens, it will indicate that the inflation has increased.
Then the chances of not doing a rate cut will decrease. If that happens, there will be a negative impact on the Crypto Market. #cpi #BTC #NegativeNews #BinanceAlphaAlert #BlackRock
🔴Consumer Price Index(CPI):-
This refers to the change in the price paid by consumers for goods and services. This mainly considers the sectors of food, energy, housing, clothing, transportation, health, education, and entertainment.
This report is released monthly and quarterly. This is known as a good measure to get an idea of inflation.
So, if the CPI value increases, it means that inflation is increasing. Then the Federal Reserve (FED) of the United States raises bank interest rates. That is good for the dollar, but not good for BTC.
If the CPI value decreases, it means that inflation is decreasing, and then the FED lowers bank interest rates. That is not good for the dollar, but good for BTC.
So the current expectation is 2.5%. We expect a higher value than the previous value (2.3%).
If that happens, it will indicate that the inflation has increased.
Then the chances of not doing a rate cut will decrease. If that happens, there will be a negative impact on the Crypto Market. #cpi #BTC #NegativeNews #BinanceAlphaAlert #BlackRock
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BTC LATEST UPDATE: the market is now at $100,000 and is on its way up 😎 But I still think it will fall to $97,000-98,000.. #BTC #SaylorBTCPurchase #MarketPullback
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CryptoScamSurge
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A sharp rise in crypto scams has been reported as markets reach new all-time highs. Most recently, Brad Garlinghouse, CEO of Ripple, warns that crypto scammers are ramping up fake XRP giveaway schemes on YouTube, impersonating official Ripple accounts. The sophistication of these scams threatens to erode trust in legitimate crypto projects and could lead to stricter platform regulations that might impact genuine content creators
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