I keep looking at Bitcoin, Treasury yields and the dollar, and they’re all basically waiting for the same answer: what does CPI say?
The NFP report gave the hawks something to work with. 162K jobs were added in August against expectations near 56K, while unemployment remained at 4.1%.
But here’s the part I find interesting wage growth slowed to 3.1%, so the labor market isn’t giving the Fed a completely one-sided signal.
That’s why CPI matters so much.
If inflation surprises higher, the Fed ...
NEW: The Consumer Price Index rose 0.4% in August, after rising 0.1% in July, according to the Labor Department.
Prices were up 3.4% from a year earlier, unchanged from July.
Core inflation, excluding food and energy, rose 0.3% for the month and 2.4% year over year, compared with 0.2% and 2.5% in July.
$牛来 | $MET | $RAY
#BREAKING #news #US #TRUMP #USCoreCPIRises0.3%InAugustBeatingForecasts
$LAB vs $龙虾 : Which One Is Winning?
The competition is heating up between 龙虾USDT and LABUSDT, and both are showing strong upside momentum.
龙虾USDT is currently trading at 0.058896, up an impressive 56.39%. It is clearly leading the race right now, delivering the larger percentage move and showing aggressive buying momentum.
Meanwhile, LABUSDT is trading at 0.06659, up 40.25%. That is still a powerful gain, but it trails 龙虾USDT by more than 16 percentage points. LAB is showing solid strength, w...
Ethereum back above $2,600 once again 😁
Today $ETH out performed almost every major coin...
Because since that pump from $1,850 to $2,500+ ETH has been in a strong consolidation phase around $2,355 and $2,575...
After that manipulation bullish wick towards $2,665, ETH is back into the POC ( consolidation ) again..
so this is basically ETH building a pretty strong accumulation base before the next massive move either way...
Today, $ZEC also pushed back above $1,200 after yesterday's -13% du...
#zec is setting up for another interesting move on the 1H chart.
Price is currently around $1,162 after bouncing strongly from the recent lows. The key area I’m watching is the $1,020–$1,050 support zone, which has acted as a strong base during the recent price action.
If $ZEC pulls back into this zone and buyers step in, I’d be looking for a move back toward $1,200, with the bigger upside target around $1,280 as marked on the chart.
I’m watching how price reacts around the current levels ra...