🔥 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
Prep
89,110.3
+1.21%
ETHUSDT
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3,041.67
+2.64%
BNBUSDT
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863.08
+1.27%