🇺🇸 U.S. CPI & Core CPI Will Be Released Today at 6:00 PM IST, markets could see volatility.
➡️CPI YoY ➡️ Expected: 3.6% | Previous: 3.4%
🟢CPI measures inflation in the US and helps the Fed decide whether to raise, lower, or maintain interest rates.
➡️Core CPI YoY ➡️ Expected: 2.5% | Previous: 2.4%
🟢Core CPI measures inflation excluding food and energy prices. It helps the Fed assess underlying inflation trends and make interest rate decisions.
💰How CPI Could Impact Bitcoin
🔼CPI Below Expectations: Generally bullish for Bitcoin and risk assets.
🔽CPI Above Expectations: Generally bearish for Bitcoin as expectations for Fed rate cuts may weaken.
#CPIWatch #CPIWatch #CPIWatch #CPIWatch $BTC $ETH $SOL
➡️CPI YoY ➡️ Expected: 3.6% | Previous: 3.4%
🟢CPI measures inflation in the US and helps the Fed decide whether to raise, lower, or maintain interest rates.
➡️Core CPI YoY ➡️ Expected: 2.5% | Previous: 2.4%
🟢Core CPI measures inflation excluding food and energy prices. It helps the Fed assess underlying inflation trends and make interest rate decisions.
💰How CPI Could Impact Bitcoin
🔼CPI Below Expectations: Generally bullish for Bitcoin and risk assets.
🔽CPI Above Expectations: Generally bearish for Bitcoin as expectations for Fed rate cuts may weaken.
#CPIWatch #CPIWatch #CPIWatch #CPIWatch $BTC $ETH $SOL