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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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Bitcoin and NASDAQ Move Together As Prices Sync Over Six Weeks
Bitcoin and NASDAQ both reached peaks and dips at nearly the same time for six weeks
Their synchronized movements point to shared factors influencing both markets, like economic shifts or risk sentiment
Investors may rethink Bitcoin’s independence from traditional markets due to its close alignment with NASDAQ trends
Bitcoin and NASDAQ-100 exhibited synchronized price movements over six weeks, with nearly identical swing highs and lows. Financial analyst Dom (@TraderView2) highlighte