📊US inflation results and crypto reaction

The latest inflation data (CPI) in the US came in slightly above expectations - +3% year-over-year.
This means that the Fed is unlikely to rush to cut rates, as the target is still a stable 2%.

🔥At first glance, the number doesn't seem critical, but for the market, it's a signal — cheap money won't be available for now.
This means that liquidity is limited, and risk assets like cryptocurrencies feel the pressure.

💡On the other hand, prolonged high inflation undermines trust in the dollar.
And some investors traditionally look for an "alternative" during such periods - in Bitcoin and Ethereum.

📈As a result, the market reaction may be mixed:
• in the short term — a correction is possible,
• but in the medium term — an increase in interest in crypto as a safe-haven asset.

So let's keep an eye on the rhetoric of the Fed — it will determine the direction of the next impulse 🚀