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The X account for @nypost seems to have been hacked, just sent me a phishing DM for a crypto scam :(
The X account for @nypost seems to have been hacked, just sent me a phishing DM for a crypto scam :(
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CPIWatch
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Market Expectations & Forecast $cpiwatch Analysts are looking for signs of cooling inflation, though recent data has remained "sticky": Headline CPI (YoY): Forecasted at 2.5% or up to 2.9%, down from the previous 2.7%–3.0%. Core CPI (YoY): Forecasted at 3.2%, a slight ease from the previous 3.3%. Binance Market Context As of this morning, major assets on Binance are showing mixed performance ahead of the data drop: Bitcoin (BTC): Trading around $67,272, up 0.42% in the last 24 hours. Market Sentiment: Traders on Binance Square are cautioned to avoid high leverage due to expected "violent" price wicks immediately following the release. Potential Impact Scenarios$BTC Lower than Expected CPI: Typically bullish for crypto. It suggests the Fed may have more room to cut interest rates, increasing market liquidity. Higher than Expected CPI: Typically bearish. "Hot" inflation may force the Fed to keep rates high for longer, putting downward pressure on risk assets like Bitcoin and Ethereum. #CPIWatch #CZAMAonBinanceSquare #USNFPBlowout
Khalil Pakpattan
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