Yesterday, the 🇺🇸 CPIs were released.

The actual data of the CPI(Consumer Price Index) (YoY) is same to the forecast. Alright, the CPI has been stable, and the labor market is above 4%. But, it's not approaching to 4.5%. So, for now, the macroeconomic environment is not bad. It would be good for the crypto market.

The next interest rate decision will be made on 18 December. It seems market participants expect a rate cut in the next FOMC meeting.

Somehow, there won't likely be worse things until the end of this year, which means the crypto market would last this bullish sentiment for a while.