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The June CPI numbers for the United States are due this morning at 8:30 ET, and the market is watching closely. With May inflation holding steady at 2.4 percent year over year, expectations are mixed. 🥂

Some are calling for a slight cooldown, maybe into the 2.3 or even 2.2 range, driven by falling energy costs and a stable core reading. But shelter and food are still sticky and could surprise.

If the number comes in soft, it could fuel optimism about rate cuts and boost equities and crypto. On the other hand, any upside surprise might shake markets short term.

Projects tied to macro narratives and consumer sentiment could see renewed attention. From tokenized real-world assets to AI-linked altcoins, the stage is set for movement.

Whether it breaks risk-on or off, all eyes are on the release. Traders and builders alike are watching for a shift in tone from the Fed.

#CPI# #CPI Data Incoming# #BTC Hits New High# #Content Mining & Earn Rich Commission# #Gate Square Creator Spark Program#
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