Year-over-year, the #CPI is at 3.2%. This marks the first inflation increase since June 2022. πΊπΈπ
Both #Bitcoin and #Ethereum have experienced slight declines, now trading at $29,400 and $1,848 respectively.π
Trade $BTC and $ETH on BITUNIX π:
https://www.bitunix.com/contract-trade?symbol=BTCUSDT
https://www.bitunix.com/contract-trade?symbol=ETHUSDT
Both #Bitcoin and #Ethereum have experienced slight declines, now trading at $29,400 and $1,848 respectively.
Trade $BTC and $ETH on BITUNIX π:
https://www.bitunix.com/contract-trade?symbol=BTCUSDT
https://www.bitunix.com/contract-trade?symbol=ETHUSDT
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π¨ Bitunix Analysts on Hotter CPI Data π¨
Bitunix analysts share their thoughts with @TheStreet, predicting that if #CPI comes in hotter than expected, $BTC could dip below $117,000, signaling a deeper correction. π
Read more: thestreet.com/crypto/markets/crypto-analysts-hotter-than-expected-cpi-data
#Crypto #CPIData #Bitcoin #Bitunix
Bitunix analysts share their thoughts with @TheStreet, predicting that if #CPI comes in hotter than expected, $BTC could dip below $117,000, signaling a deeper correction. π
Read more: thestreet.com/crypto/markets/crypto-analysts-hotter-than-expected-cpi-data
#Crypto #CPIData #Bitcoin #Bitunix
TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more
Crypto analysts say July CPI data could trigger massive sell-off
With July CPI expected at 2.8%, crypto analysts say a hotter reading could sink Bitcoin below $117K, while a cooler print may fuel a rally.
π3