⚠️ CPI inflation just jumped from 3.4% to 3.7% (expected 3.6%)
This is BAD for markets. Higher inflation = Fed likely to hike rates again.
Expect volatility. Risk-off sentiment incoming. $BTC and alts could see pressure short-term as liquidity tightens.
Watch the Fed's next move closely.
This is BAD for markets. Higher inflation = Fed likely to hike rates again.
Expect volatility. Risk-off sentiment incoming. $BTC and alts could see pressure short-term as liquidity tightens.
Watch the Fed's next move closely.