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CPI Update & Crypto Impact
The Consumer Price Index (CPI) measures inflation and is released once a month. It’s a key factor that can shake up both traditional and crypto markets.
Why Does It Matter to Crypto?
• Interest Rates: Lower CPI = chance of lower interest rates, good for crypto. Higher CPI = tighter policies, bad for crypto.
• Market Moves: Positive CPI can boost crypto prices; negative data can trigger sell-offs.
• Dollar Value: A weak dollar (often after low CPI) tends to push Bitcoin and altcoins higher.
Stay Alert:
CPI news often brings price swings in crypto. Smart traders keep an eye on it monthly.
BY Technical CRYPTO Analyst
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