Today’s CPI will test stocks and crypto. Forecasts are 0.4% monthly headline inflation and 0.2% core inflation.
Higher-than-expected inflation would increase rate-hike pressure, putting stocks and BTC at risk of another drop. Lower inflation would support a rebound. An expected reading leaves more attention on the Fed’s next move.
#CPIdata $ZEC $BTC $ETH
Higher-than-expected inflation would increase rate-hike pressure, putting stocks and BTC at risk of another drop. Lower inflation would support a rebound. An expected reading leaves more attention on the Fed’s next move.
#CPIdata $ZEC $BTC $ETH
