📰 NEWS: November CPI Drops to 2.7% - Crypto Sees Bullish Path!
What Happened:
US November CPI inflation cooled to 2.7% YoY, beating expectations of 3.1%. This follows data delays from shutdown, signaling easing price pressures.
Impact on Crypto:
Markets reacted positively; BTC briefly topped $88K as rate-cut odds rise for 2026.
Coins Affected:
$BTC (~$88K, +rebound), $ETH (~$2,950, steady gains)
Why It Matters:
Softer inflation paves way for Fed cuts, injecting liquidity into crypto—great for beginners eyeing growth in BTC/ETH.
Source: CoinDesk, BLS, X
⚠️ Not financial advice. DYOR.
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