#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
🕯 Daily review of the cryptocurrency market
The market went into correction again. BTC has dropped to $66,600. ETH is trading below $3,400.
🔼 There are few growing assets: QNT +7%, AR +4%.
🔽 There are many more falling assets: LDO -15%, ENA -8%, STRK -7%, GNO -7%, TAO -6%, NOT -6%, BONK -6%, BOME -6%, UNI -6%, PEPE -5%.
#Gate Post Highlights#
#HotTopicDiscussion# #Crypto # #moonspid#