🔥 US CPI CAME IN HOTTER THAN EXPECTED
🇺🇸 CPI: 3.7% | Expected: 3.6% | Previous: 3.4%
🇺🇸 Core CPI: 2.6% | Expected: 2.5% | Previous: 2.4%
Both inflation figures exceeded expectations, potentially putting more pressure on the FED to keep rates higher for longer.
Bearish for crypto in the short term
$BTC
🇺🇸 CPI: 3.7% | Expected: 3.6% | Previous: 3.4%
🇺🇸 Core CPI: 2.6% | Expected: 2.5% | Previous: 2.4%
Both inflation figures exceeded expectations, potentially putting more pressure on the FED to keep rates higher for longer.
Bearish for crypto in the short term
$BTC