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Stablecoin Market Vulnerable as Bitcoin Traders Prepare for CPI Release

Picture: The Currency Analytics

Community Trust Score Likely Real 79 % Real Likely Real 24 votes Updated 4 minutes ago September inflation numbers drop today, and traders are bracing. The U.S. consumer price index is expected to rise 0.6% month-on-month, with economists penciling in a 3.6% year-on-year increase. Core CPI is projected at 0.2% monthly and 2.5% annually. Those aren’t alarming numbers on their own, but the Federal Reserve is watching, and so is every bitcoin trader with an open position. The upcoming CPI data holds significant implications for both the stability of the stablecoin market and the broader crypto leverage landscape.

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