๐จ US inflation comes out without surprises
CPI data remained stable:
๐ Annual inflation at 2.4%
๐ Monthly CPI (MoM) at 0.30% in line with expectations.
As for how crypto will react to it, the market may have already absorbed this data in yesterday's movements, so caution should be exercised regarding limited reactions.
โ ๏ธ Important point: February CPI data did not fully reflect the events of the war and recent geopolitical tensions.
Therefore, the market may focus more on this month's inflation data to understand the true direction of inflation and its impact on Federal Reserve decisions.
$ICP $SUI
#CPIWatch
#CryptoNews
CPI data remained stable:
๐ Annual inflation at 2.4%
๐ Monthly CPI (MoM) at 0.30% in line with expectations.
As for how crypto will react to it, the market may have already absorbed this data in yesterday's movements, so caution should be exercised regarding limited reactions.
โ ๏ธ Important point: February CPI data did not fully reflect the events of the war and recent geopolitical tensions.
Therefore, the market may focus more on this month's inflation data to understand the true direction of inflation and its impact on Federal Reserve decisions.
$ICP $SUI
#CPIWatch
#CryptoNews