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The latest CPI report for November shows inflation rising 2.7% YoY, right in line with expectations, while core CPI climbed to 3.3%, easing fears of runaway inflation. This stable inflation backdrop is giving a boost to investor confidence, keeping capital flowing into risk-on assets like crypto.
đĄ Why This Matters:
Consistent inflation reduces market uncertainty, paving the way for higher confidence in
$BTC and other digital assets.
đ Bitcoinâs Reaction:
Last monthâs stable CPI data helped Bitcoin hit $92K, as liquidity surged for risk assets. With similar conditions now, could the market see another explosive rally?
đź Whatâs Next?
December remains a crucial month. Inflation trends and central bank policies will continue to shape sentiment. If conditions hold steady, the stage is set for another bullish leg in the crypto market.
Could we witness
$BTC breaking new records? Stay ahead of the curve and seize the momentum!
#CryptoMarket #CryptoRally #MacroInsights #CPI4MonthsHigh #Share1BNBDaily $BTC