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- Gate.io Suggested Topics Posting Event: #CPI Data Drops#
✍️ Please include the topic #CPI Data Drops# in your post.
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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
⚠️ Notes: Plagiarism is prohibi
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Dogecoin rose 9% after Bernie Sanders' views aligned with Ilon Musk's views on the DOGE
-Dogecoin rose 9% after Bernie Sanders' views aligned with Ilon Musk's
views on the sector"DOGE" The popular #Dogecoin DOGE/USD #cryptocurrency dedicated to dogs was launched by Senator Bernie Sanders (I-Vt. He tacitly supported the Department of Government Efficiency (DOGE), which was created by Ilan Musk. what happened:The world's largest meme coin by market capitalization #rose more than 9% in the last 24 hours, outperforming cryptocurrencies such as Bitcoin BTC/USD and Ethereum ETH/USD. DOGE's trading volume rose 40% to 8,893,000, making it the 24th most traded cryptocurrency in the last 5 hours. See also:Ethereum rally overshadowed by surge in cheap stock prices: Why did ENS and ETC soar today? The rally came after Sanders, a veteran leftist, shared his concerns with Musk about the Defense Department's financial management. The independent senator spoke about the Defense Department's ¥8.860 billion budget, Musk's stance on wasteful government spending and his mission to fix a Defense Department that has not been audited in seven consecutive years. The planned #DOGE department, headed by Musk and Vivek Ramaswamy, is designed to overcome the complexities of federal bureaucracy and get rid of "meaningless" regulations. Read us at: Compass Investments #Crypto2024