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2024-07-11 16:02:00

Energy Inflation Resurfaces as OECD Reports Stable Core Inflation on Nostr: US CPI Data Could Impact Dollar and Cryptocurrencies =============== #4d279d0f ...

US CPI Data Could Impact Dollar and Cryptocurrencies
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#4d279d0f ver:0.73

Investors closely monitor US CPI data for June, as it could impact the dollar and cryptocurrencies. A larger-than-expected decrease may strengthen expectations of a Fed rate cut, weakening the dollar and benefiting GBP/USD and Bitcoin. If inflation declines, Bitcoin could reach nearly $60,000. High inflation strengthens the dollar, while lower inflation paves the way for rate cuts, boosting digital assets. #CPI #USD #cryptocurrency #Bitcoin...

#newstr #UsCpi #UsDollar #Cryptocurrencies #Inflation #FederalReserve #Bitcoin

https://here.news/story/4d279d0f?ver=0.73
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