nilla Aprilia on Nostr: recent Consumer Price Index (CPI) data is expected to have a favorable impact on ...
recent Consumer Price Index (CPI) data is expected to have a favorable impact on Bitcoin prices. The latest report indicated that consumer prices in the U.S. rose by 2.4% in September, which, while above market expectations, reflects a cooling trend in inflation compared to previous years. This ongoing decline in inflation supports the prospect of interest rate cuts, creating a more favorable environment for Bitcoin and other cryptocurrencies
Published at
2024-10-11 08:54:19Event JSON
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"content": "recent Consumer Price Index (CPI) data is expected to have a favorable impact on Bitcoin prices. The latest report indicated that consumer prices in the U.S. rose by 2.4% in September, which, while above market expectations, reflects a cooling trend in inflation compared to previous years. This ongoing decline in inflation supports the prospect of interest rate cuts, creating a more favorable environment for Bitcoin and other cryptocurrencies",
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