Pay close attention today—U.S. CPI data drops at 8:30 AM ET, and the consensus estimate is sitting at 2.7%. Here's the thing: this inflation reading is basically the Fed's north star when it comes to monetary policy decisions. For crypto markets, these macro data points can be market movers, so keep your eyes peeled. The broader economic conditions reflected in CPI often ripple through to crypto sentiment and trading activity.
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BearMarketLightning
· 20h ago
Wait, 2.7%? If this data doesn't meet expectations, it could blow up.
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GateUser-3824aa38
· 20h ago
At 8:30, the crypto market had to shake three times.
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OfflineNewbie
· 20h ago
2.7%? With this number, the crypto world is bound to explode again.
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DecentralizedElder
· 20h ago
2.7%? Let's wait and see how the Fed plays it. Anyway, our crypto circle just follows the macro data.
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Fren_Not_Food
· 21h ago
CPI is back again. Will this 2.7% be enough to let the crypto world settle down for a while?
Pay close attention today—U.S. CPI data drops at 8:30 AM ET, and the consensus estimate is sitting at 2.7%. Here's the thing: this inflation reading is basically the Fed's north star when it comes to monetary policy decisions. For crypto markets, these macro data points can be market movers, so keep your eyes peeled. The broader economic conditions reflected in CPI often ripple through to crypto sentiment and trading activity.