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Bitcoin price rallies to $18,880 as US inflation rate drops to 6.5% #crypto2023 #Binance #Farooq
Bitcoin price rallies to $18,880 as US inflation rate drops to 6.5%
#crypto2023 #Binance #Farooq
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🚨 US AUG PPI: Rises LESS Than Expected! Bullish for Crypto? 🚀 PPI +0.4% MoM as expected, but CORE PPI only +0.2% vs +0.3% expected - cooling! What it means: • Wholesale inflation softer than feared • Fed rate hike chance now 62% - but dovish signals coming • Core PCE revisions expected downward - bullish • BTC usually pumps on softer PPI Fed meeting Sep 15-16 - Market now expects pause, not hike? Is this the green light for Q4 rally? #Bitcoin #PPI #Fed #CryptoNews #BTC#usaugustppiriseslessthanexpected
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