Lower Than Expected CPI Data Signals Potential Bullish Trend for Altcoins and Bitcoin
According to @CryptoMichNL, the latest CPI data reveals that both Core CPI and overall CPI, on a month-over-month and year-over-year basis, are lower than expected. This has led to a significant drop in the Dollar and Treasury Yields as the market anticipates potential rate cuts. Such conditions could be a massive bullish signal for Altcoins and Bitcoin.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast