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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
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📊 Biggest Crypto Event This Week 🚀
🗓 12th Aug – US CPI & Core CPI data release!
📈 CPI forecast: 2.8% (slightly ↑ from last month)
📉 September rate cut chance: 91% after recent unemployment data.
✅ If CPI < forecast → Rate cut almost confirmed ✅ → Risk assets (incl. crypto) can pump hard 💥📈
❌ If CPI > forecast → Rate cut chances drop ❌ → Crypto prices likely dip 📉
💡 Given rising unemployment, CPI might come lower than expected → Good news for markets & crypto bulls 🐂💚#ETH Breaks $4700 #CPI Data Coming #Show My Alpha Points