9.1% CPI ๐ถ Not Good! Though the expectation was 8.8%, the Consumer Price Index is relatively high for this term. We may expect #FED to take some more precautions to handle the #inflation problem that is faced in the US. When FED tries to strengthen Dollar, it directly affects the stock market and the #crypto ecosystem. Even if the CPI rate has a negative outlook, first, I expect a short-position hunt and then some more drop in the prices. Smart #money loves to surprise crypto investors ๐
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