Daily News | CPI Arrived at Soft Landing, Global Markets Cheered, Rate Hikes Follow at 19:00 UTC WednesdayUS Inflation rate came in lower than consensus. Global markets cheered, though there are still FOMC and ECB interest rate hikes to contend with. BTC and ETH’s correlations with the SPX continued to climb after the report, implying traders should beware of further volatility in case the markets haven’t been priced in for the decisions.
Gate.io Researcher: Peter L.2022-12-14