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Gate Square New & Returning Creator Rewards are ongoing!
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US DATA MOVED MARKETS‼️
#TradeWarEases #elg #escoin #xrp
U.S. Consumer Price Index (TÜFE) data for April showed the annual inflation rate fell to 2.3%, below expectations of 2.4% (U.S. Bureau of Labor Statistics, 2025). This has strengthened expectations that the US Federal Reserve may continue to cut interest rates (FED). With the announcement of inflation data, cryptocurrency markets moved. Bitcoin (BTC) rose to $103,900 from $103,600 before the data, while Ethereum (ETH) rose from $2,500 to $2,522 (CoinMarketCap 2025). At the same time, the U.S. Dollar Index (DXY) fell from 101.5 to 101.47, increasing demand for cryptocurrencies (TradingView, 2025).