After the U.S. CPI report came out, the odds of a Fed rate hike in October rose to 43.7%, double what they were before the data was released.
Put simply, if you look at the worst-case scenario, this adds a bit of pressure in this direction—but don't scare yourself unnecessarily.
I usually wait for the dollar to stabilize after the data comes out before thinking about crypto.
I'll take a look first. No rush.
$BTC is now at 82905.28. What's the first thing that comes to mind when you see this?
#BTC
Just one person's take—take it for what it's worth; this isn't advice.
Put simply, if you look at the worst-case scenario, this adds a bit of pressure in this direction—but don't scare yourself unnecessarily.
I usually wait for the dollar to stabilize after the data comes out before thinking about crypto.
I'll take a look first. No rush.
$BTC is now at 82905.28. What's the first thing that comes to mind when you see this?
#BTC
Just one person's take—take it for what it's worth; this isn't advice.