This week's key US data may influence Bitcoin and Ethereum price movements more than any chart 👀
📊 Important Data
• Consumer Price Index (Tuesday) – Inflation Indicator 🔥
• Real Income (Wednesday) – Wage Pressure Signal
• Producer Price Index (Thursday) – Upstream Inflation Indicator 📈
🟢 Soft Data → Increased Expectations of Interest Rate Cuts → Increased Risk Appetite → Cryptocurrency Price Increase
🔴 Hard Data → Continued High Expectations → Increased Risk Aversion → Cryptocurrency Price Decrease
What's your bet? 🤔