Bitcoin (BTC) and altcoins are on the rise as expectations rise for a 50 basis point interest rate cut from the Fed next 0 rose above $114,000, Ethereum (ETH) rose above $4,400, and XRP above $3. Dogecoin (DOGE) has reached $0.25, posting a 5% daily gain for a total gain of 15.9% over the past 1 it is almost certain that the FED will cut interest rates next week, critical inflation data that the FED attaches importance to in making interest rate decisions was released 2 is the data disclosed: Consumer Price Index Annual: Announced 2.9% – Expected 2.9% – Previous 2.7% Consumer Price Index Monthly: Announced 0.4% – Expected 0.3% – Previous 0.2% Core Consumer Price Index Annual: Announced 3.1% – Expected 3.1% – Previous 3.1% Core Consumer Price Index Monthly: Announced 0.3% – Expected 0.3% – Previous 0.3% The consumer price index is an important variable used to measure consumer purchasing trends and 3 changes.
Bitcoin's First Reaction After CPI Data! *This is not investment 4 Reading: BREAKING NEWS! Critical US Inflation Data Released! Here's Bitcoin's (BTC) First Reaction!
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