#USJulyCPI&PPIDueThisWeek US inflation data is back in focus 👀
The market is watching July CPI & PPI this week, and these numbers could set the tone for risk assets, including crypto.
If inflation comes in cooler than expected, traders may see more room for a softer Fed path — potentially positive for BTC and the wider market.
But a hotter-than-expected print could bring fresh volatility and pressure on risk assets.
For me, the key is not just the number itself, but how the market reacts after the release. 📊
CPI + PPI = a week worth watching.
#USJulyCPI #PPI #Crypto #bitcoin $ETH
$BANK
The market is watching July CPI & PPI this week, and these numbers could set the tone for risk assets, including crypto.
If inflation comes in cooler than expected, traders may see more room for a softer Fed path — potentially positive for BTC and the wider market.
But a hotter-than-expected print could bring fresh volatility and pressure on risk assets.
For me, the key is not just the number itself, but how the market reacts after the release. 📊
CPI + PPI = a week worth watching.
#USJulyCPI #PPI #Crypto #bitcoin $ETH
$BANK