Today, Tuesday, consumer price data (CPI) will be published in the USA. A 0.3% increase in the monthly CPI is expected to leave the annual increase at 7.3%. If these figures or lower become published, a small upward impulse is expected. If the data shows superior results, the markets will go down. All this will be a prelude to the last annual meeting of the FED, in which a 0.50% rise in interest rates is expected. This will be the next day, Wednesday.
Meanwhile, Bitcoin is at $17,170 and Ethereum at $1,270, the crypto market has $850.74B capitalizations, the fear and greed index is at 27, and we should have all FUD discounted from the market. Let's hope that both can take advantage of the euphoria of the next few days if the expected data is given.
Also tomorrow, Sam Bankman-Fried will declare in Congress (how good it feels to be surrounded by friends in difficult times) for the bankruptcy of FTX (USA Version).
On the other hand, Twitter is on fire with Elon Musk imposing his freedom of expression law since he arrived. I think this man is going to die of success, he is looking for all the enemies in the world and he is not exactly a saint.
Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"
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