#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Crypto Market News Today-BTC, ETH & Top 10 Cryptos Consolidate, While KAIA, AB Lead the Markets
The crypto space saw a blend of subtle calm and sudden spikes today. Bitcoin (BTC) held its ground at around $105,420.95 today, while Ethereum traded just below $2,500, at around $2,485. Although the bulls are trying very hard to maintain the bullish trend, market sentiment continues to remain bearish due to the sluggish behavior of the bulls. As a result, the bears have held a significant dominance, which could keep the price restricted throughout the day