🇺🇸 The week's biggest risk for crypto: Tuesday
US inflation data (CPI) comes out Tue Nov 10, 8:30 a.m. ET. It's the last inflation reading before the Fed meets on Dec 9.
After the strong jobs report, futures markets were pricing about a 77% chance of a rate HIKE in December.
🔹 Hot inflation → hike more likely → pressure on $BTC and stocks
🔹 Cooler inflation → hike less likely → room for relief
Mark Tuesday. 👇
📷 Photo: Fujiphilm / Unsplash
US inflation data (CPI) comes out Tue Nov 10, 8:30 a.m. ET. It's the last inflation reading before the Fed meets on Dec 9.
After the strong jobs report, futures markets were pricing about a 77% chance of a rate HIKE in December.
🔹 Hot inflation → hike more likely → pressure on $BTC and stocks
🔹 Cooler inflation → hike less likely → room for relief
Mark Tuesday. 👇
📷 Photo: Fujiphilm / Unsplash
