Memes

‼️US FEB. CPI in 30min:

Analysts Estimates: 
🔸headline: 0.3% vs 0.5% M/M prev
🔸headline: 2.9% vs 3.0% Y/Y
🔸Core CPI: 0.3% vs 0.4% M/M
🔸Core CPI: 3.2% vs 3.3% Y/Y

3.2% inflation estimate is definitely bad for crypto. This could warrant more turbulence in short term.

Looking like a bloodbath if we get these numbers

Inflation concerns indeed impact crypto volatility, highlighting the need for diversification. Investors should prepare for potential short-term turbulence while considering long-term strategies to mitigate such risks.