Why was the CPI in August 3.7% higher than the expected +3.6%, but the crypto market did not fall?
Why was the CPI in August 3.7% higher than the expected +3.6%, but the crypto market did not fall?
1. The market has digested the cpi data, and the negative effects have been exhausted.
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2. It will not fall until the news that the Federal Reserve will raise interest rates come out!
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3. It was just a short-term rise and there may be a fall later.
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Why was the CPI in August 3.7% higher than the expected +3.6%, but the crypto market did not fall?