$CPIX.US 😳 Inflation, ⛔🏥⛽️⛽️⛽️⛽️⛽️⛽️🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦🏦
🔥 CPI, the Fed, and Bitcoin: Has the December rate hike already been priced in?
🚨The latest inflation data could play a crucial role in the Federal Reserve’s decision on interest rates in December.
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If inflation remains higher than expected, the possibility of another rate hike could put pressure on risk assets, including Bitcoin and altcoins.
However, if the market has already priced in this possibility, the actual reaction could be very different.
The key question is: Will Bitcoin react to the economic data, or has the market already priced in the risk?
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