Matt Wydo

#uscpisurgestothreeyearhighof4.2% 🚨 The US inflation rate just went up to 4.2%. That's a big deal. It has been three years since we last saw this number. This news is making markets a bit jittery. So why does this matter? * When inflation is high it's harder for the Federal Reserve to lower interest rates. There is a lot of money there. The dollar is doing well. This puts things like stocks and cryptocurrency under a lot of pressure. We've already seen Bitcoin having a time near its support levels. People are waiting to see what the Fed will do next. Here's the big question: Is this inflation surge a one-time thing?. Is it the start of a longer period of economic trouble? What do you think will happen next, to Bitcoin and the crypto market? Will the price go down?. Will it go up? $BTC #CPIWatch #bitcoin #crypto #BinanceSquare