๐จ TOMORROW COULD BE HUGE FOR CRYPTO! ๐บ๐ธ๐
๐บ๐ธ U.S. CPI drops tomorrow and markets expect inflation to cool to 3.4% from 3.5%.
But hereโs the danger ๐
๐ฅ HOT CPI โ Fed hike bets rise โ BTC/crypto could face serious pressure.
๐ข COOL CPI โ rate-hike fears ease โ risk assets could get a boost.
With the CLARITY Act pushed to September and the Fed still focused on inflation, tomorrowโs number could set the tone for the next major crypto move.
One CPI print could change the entire September narrative. ๐
๐ Hot = volatility
๐ Cool = relief
Are you ready for the CPI candle? ๐จ
Recent market reporting confirms inflation data is central to the September rate-hike debate, although weaker July jobs data has reduced the probability of an immediate hike.
#CPI #Bitcoin #Crypto #Fed #Binance
๐บ๐ธ U.S. CPI drops tomorrow and markets expect inflation to cool to 3.4% from 3.5%.
But hereโs the danger ๐
๐ฅ HOT CPI โ Fed hike bets rise โ BTC/crypto could face serious pressure.
๐ข COOL CPI โ rate-hike fears ease โ risk assets could get a boost.
With the CLARITY Act pushed to September and the Fed still focused on inflation, tomorrowโs number could set the tone for the next major crypto move.
One CPI print could change the entire September narrative. ๐
๐ Hot = volatility
๐ Cool = relief
Are you ready for the CPI candle? ๐จ
Recent market reporting confirms inflation data is central to the September rate-hike debate, although weaker July jobs data has reduced the probability of an immediate hike.
#CPI #Bitcoin #Crypto #Fed #Binance