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๐ฅ CPI Data & Crypto Market Update ๐
The latest CPI data is out, and itโs shaking up the crypto market! ๐๐
U.S. Inflation Rate (Dec 2024): 2.9% (vs. 2.8% expected)
Core Inflation: Slight decline, raising Fed rate-cut speculations
Crypto Reaction:
โ Bitcoin (BTC): $96,120 (-1.91%) ๐
โ Ethereum (ETH): $2,622.23 (-3.19%)
โ BNB (BNB): $644.65 (+0.78%)
โ XRP (XRP): $2.41 (-3.21%)
โ Cardano (ADA): $0.7799 (-2.48%)
๐ก Key Takeaway: Inflation concerns & Fed policy impact market movements. Could a rate cut fuel the next crypto rally? ๐
๐ Whatโs your take? Bullish or Bearish? ๐ #Crypto Bitcoin #CPI Inflation #CryptoNews