đ U.S. inflation data for August has shown promising signs đȘ
đ CPI Y/Y reached 2.5%, in line with expectations, and down from 2.9% last month.
đ Core CPI Y/Y held firm at 3.2%, as predicted, and unchanged from the previous month.
With inflation nearing the Fed's 2% target, the stage is set for a potential interest rate cut on September 18
The crypto market reacted swiftly, with $BTC experiencing a slight correction following this news đ€