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US CPI Falls to 3.4%: Implications for the investments

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US CPI Falls to 3.4%: Implications for the Market

In a significant economic update, the US Consumer Price Index (CPI) has decreased to 3.4%, down from 3.5% last month. Core CPI also showed a decline, coming in at 3.6% compared to the previous 3.8%. Both figures align with market expectations, suggesting a bullish outlook for Bitcoin.

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Market Insights:

  1. 15-Minute Chart: Showing a clear direction.
  2. SP500: Close to reaching a new all-time high.
  3. Rate Cuts: Expected in 2024.
  4. Market Expectation: A potential blow-off top for both stocks and crypto.

Stay tuned for more updates and detailed analysis as these trends develop.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.


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CryptoPatel is a seasoned Technical and Fundamental Analyst with over a decade of experience in the cryptocurrency market. Renowned for his ability to identify high-potential Alpha and GEM projects, he has consistently delivered exceptional returns ranging from 10x to 100x. Follow for expert market insights, in-depth trend analysis, and valuable investment opportunities.

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