What is CPI and why does crypto react to it? đ§
CPI measures how fast prices are rising in the US.
đ Higher than expected: markets fear interest rates will go up, risk assets like crypto often drop.
đ Lower than expected: rate-hike fears ease, crypto often rallies.
It's not a guarantee, but CPI day usually brings sharp, fast moves. That's why many traders cut leverage before it.
Did you know this? Drop a đ if this was new for you.
Follow me for simple crypto lessons every day.
#CryptoForBeginners #BinanceSquare #CPI #Crypto #LearnCrypto
CPI measures how fast prices are rising in the US.
đ Higher than expected: markets fear interest rates will go up, risk assets like crypto often drop.
đ Lower than expected: rate-hike fears ease, crypto often rallies.
It's not a guarantee, but CPI day usually brings sharp, fast moves. That's why many traders cut leverage before it.
Did you know this? Drop a đ if this was new for you.
Follow me for simple crypto lessons every day.
#CryptoForBeginners #BinanceSquare #CPI #Crypto #LearnCrypto