đ„ US CPI Just Dropped! đš
CPI came in at 2.7% vs. expected 3.1% (previously 3.0%). Core CPI: 2.6% vs. expected 3.0% (previously 3.0%). đ
This is HUGE. Lower-than-expected inflation is fueling risk-on sentiment across the markets. Expect continued upward pressure on $BTC and $ETH as the narrative shifts towards potential rate cuts. đ The Fed may be forced to pivot sooner than anticipated. This data suggests cooling inflationary pressures, potentially unlocking further gains for crypto.
#CPI #inflatio #Crypto #MarketUpdate đ

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