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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
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Viewpoint: In the face of the new tariff-based trade order promulgated by President Trump, Bitcoin shows resilience.
Max Keiser, the current cryptocurrency advisor to the Booker administration, mentioned that Bitcoin has resilience in the face of the new tariff-based trade order imposed by President Trump. Keiser stated that even if Trump's measures initiate significant reforms, traditional financial initiatives cannot sustainably improve the quality of life for American citizens. "The only way to substantively improve quality of life is to accumulate Sats," Keiser concluded.