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Get ready for the FOMC meeting! Bitcoin traders are bracing for potential market shifts as the Federal Reserve's decision on interest rates looms. How will this affect BTC? Share your thoughts!
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certainly it has changed the course of many lives and yet propelling at a very higher rate trending and buzzing around the crypto traders yet some lack behind the door and it's all because of lack of confidence, trust and no knowledge on it. anyone who are on the verge of indulging your precious time may sit on chair and make your dream come true. #BTCFOMCWatch $BTC
certainly it has changed the course of many lives and yet propelling at a very higher rate trending and buzzing around the crypto traders yet some lack behind the door and it's all because of lack of confidence, trust and no knowledge on it. anyone who are on the verge of indulging your precious time may sit on chair and make your dream come true. #BTCFOMCWatch $BTC
U.S. CPI Remains Unchanged in June, Exceeding Expectations!Lower inflation could benefit digital asset prices, which have been struggling recently. The U.S. Consumer Price Index (CPI) remained unchanged in May, beating economists' forecasts of a 0.1% increase and down from 0.3% in April. Year-over-year, the CPI rose 3.3%, slightly below the 3.4% forecast and April's figure. The core CPI, excluding food and energy costs, increased by 0.2% in May, better than the expected 0.3% rise and matching April's 0.3%. Annually, the core CPI rose 3.4%, below the anticipated 3.5% and April's 3.6%. Bitcoin (BTC) rose to $69,400, nearly 4% higher in the past 24 hours, after the lower-than-expected inflation report. Previously, inflation fell quickly in 2022 and 2023 because of the Federal Reserve's interest rate hikes. However, inflation recently stayed above the 2% target, lowering hopes for rate cuts. Hope for the best of market. $BTC $ETH $SOL #BTCFOMCWatch #CPIAlert #BTC #Write2Earn!

U.S. CPI Remains Unchanged in June, Exceeding Expectations!

Lower inflation could benefit digital asset prices, which have been struggling recently.
The U.S. Consumer Price Index (CPI) remained unchanged in May, beating economists' forecasts of a 0.1% increase and down from 0.3% in April. Year-over-year, the CPI rose 3.3%, slightly below the 3.4% forecast and April's figure. The core CPI, excluding food and energy costs, increased by 0.2% in May, better than the expected 0.3% rise and matching April's 0.3%. Annually, the core CPI rose 3.4%, below the anticipated 3.5% and April's 3.6%.
Bitcoin (BTC) rose to $69,400, nearly 4% higher in the past 24 hours, after the lower-than-expected inflation report. Previously, inflation fell quickly in 2022 and 2023 because of the Federal Reserve's interest rate hikes. However, inflation recently stayed above the 2% target, lowering hopes for rate cuts.
Hope for the best of market.
$BTC $ETH $SOL
#BTCFOMCWatch #CPIAlert #BTC #Write2Earn!
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