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#AprilCPIComesInHotterAt3_8Percent 🔥
The latest CPI data surprised markets after inflation came in hotter than expected at 3.8%, reinforcing concerns that interest rates may remain elevated for longer. Traditional markets reacted cautiously while crypto traders monitored Bitcoin’s response to tighter monetary expectations.
Higher inflation often creates uncertainty across risk assets, but long-term crypto investors continue viewing Bitcoin as a hedge against fiat currency weakness.
#Inflation #FederalReserve #BitcoinNews #CryptoUpdate