🔥 #Urgent Market Update 🔥
🇺🇸 The latest US CPI came in at 2.9%, higher than expected, signaling hotter inflation. This could push the #Fed to delay interest rate cuts, keeping monetary policy tighter for longer. As a result, the US Dollar gains strength, weighing on risk assets like crypto and stocks, which may face turbulence or sideways trading in the short term.
📉 Precious metals such as Gold and Silver may also lose some appeal as the USD holds firm.
⚡ Trader Insight: Stronger inflation data supports the dollar’s dominance, while crypto markets could remain under short-term pressure.
Market Watch:
HOLO
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0.4682 (+432.04%) 🚀
LINEA
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0.02314 (−20.97%) 🔻
ARKM
0.216
+2.37%
0.6422 (+7.37%) 📈