đșđž US INFLATION: A KEY SIGNAL FOR CRYPTO
US inflation remains above the Fedâs 2% target. July PCE inflation rose to 3.7% YoY, while Core PCE stayed at 3.3%. CPI also remained elevated at 3.4% YoY.
đ„ Hot inflation â Higher-for-longer rates
đ Higher rates â Pressure on crypto
đ Cooling inflation â More rate-cut hopes
The next inflation data could bring major volatility to BTC and altcoins.$éŸèŸ $HEMI $LIGHT
#Binance #Crypto #Bitcoin #Inflation #Fed
US inflation remains above the Fedâs 2% target. July PCE inflation rose to 3.7% YoY, while Core PCE stayed at 3.3%. CPI also remained elevated at 3.4% YoY.
đ„ Hot inflation â Higher-for-longer rates
đ Higher rates â Pressure on crypto
đ Cooling inflation â More rate-cut hopes
The next inflation data could bring major volatility to BTC and altcoins.$éŸèŸ $HEMI $LIGHT
#Binance #Crypto #Bitcoin #Inflation #Fed
