Coin Jie Network News: The latest U.S. consumer price index (CPI) released shows a year-over-year increase of 3.5%, which is lower than the market’s expectation of 3.8%. The core CPI year-over-year also rose 2.6%, which is lower than the expected 2.8%.

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GoldfishUnderTheIce
· 5h ago
Good news has landed—be careful of “sell the news.” Don’t chase the price in the short term.
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NeonMeltsIceCream
· 9h ago
3.5% is still pretty high; it’s just not as bad as the market thinks.
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LittleBitcoinInTheReflection
· 9h ago
As soon as the data came out, US stocks in pre-market trading already jumped; will the crypto market follow?
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GateUser-e1cfc287
· 9h ago
With CPI coming in below expectations, rate-cut expectations for the Fed are heating up again, which is bullish for risk assets
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CircuitDaydreamer
· 9h ago
Core CPI at 2.6% is manageable, but it’s still some distance from the 2% target—don’t pop the champagne yet.
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CheckTheBlockchainBefore
· 9h ago
This data has pushed up the probability of a rate cut in September again; improved liquidity expectations are a long-term positive for crypto.
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