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This CPI Report May Have Appeared Good for Crypto, But it is Currently a Valuable Lesson in Patience

@brianq
1 min read
11.07.2024
BTC


📈📉 The US CPI report came out today with news of a core CPI 3.3% rise vs. 3.5% expected, appearing bullish for crypto. However, with many already anticipating a good report and prices being driven up in the days prior, this was a perfect 'buy the rumor, sell the news' event.

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