🔥 CPI Didn't Kill the Rate Cut?! 🤯
Despite hotter-than-expected inflation data, the market isn’t fully writing off a potential 25 basis point rate cut at the next FOMC meeting. This resilience suggests underlying confidence in a shift in monetary policy later this year. $BTC and $ETH are holding steady, while $BNB shows relative strength. Keep a close eye on upcoming economic indicators – a lot hinges on the next few data points. 🧐 This could signal a broader risk-on sentiment developing.
#MacroCrypto #FOMC #Inflation #Bitcoin 🚀

BTCUSDT
Perp
88,240.9
+0.09%

ETHUSDT
Perp
2,982.69
+0.25%

BNBUSDT
Perp
852.92
-0.09%