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15 May 10.26
BTC displays caution as the markets are getting ready for US CPI release.
Higher than expected inflation may contribute to the Fed's potential decision to keep interest rates higher for longer. High interest rates can have a negative impact on riskier assets, including crypto.
14 May 10.39
USDInd rebounds ahead of Fed Chair Powell’s speech
The USD Index continues to consolidate within 105.093-105.827 range ahead of Fed Chair Powell’s speech today (May 14) and key U.S. macroeconomic data scheduled for release today and tomorrow (May 14-15).