OMG CPI index at 9.1% INCREASE (US)

chadktt

Goodlike
Messages
625
Reaction score
180
Points
43
with the all time high Consumer price index hits 9.1% how would this affect crypto ? with just the announcement the BTC went down 4% and expect to decerease more in the next coming weeks yada yada yada as per experts they say that its not shocking if it wwill plump down to as low as 15k from the current 20k but yeah , but first lets discuss about CPI what does it mean when it is high ? to cut it short PRICES ARE ON STEROIDS thus affeccts the cost of day to day to life and Investors are warry not to invest and the likes but if u want to read more on it feel free , by the way this is all subjective on my part , u should always research on your own for topics like this.
 
Top