# @btccbitcoin on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CvrFrnPteEM
- **Gondola URL:** https://gondola.cc/posts/21572380-btccbitcoin-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/4e95c25a61.jpg
- **Posted:** 2023-08-08T06:17:59.000+00:00
- **Account Owner:** BTCC (@btccbitcoin) — https://gondola.cc/btccbitcoin

## Caption

This week: US #CPI & #PPI data in focus 👀

Labour stats show softer conditions, but US jobless rate & wage growth still worry the Fed.

A high-flying CPI could stoke Fed rate hike bets and spark recession worries. 

US CPI (YoY) (Jul)
🔹 Previous: 3.0%
🔹 Forecast: 3.3%

How will #crypto react to these data releases?

## Stats

- **Views:** 0
- **Likes:** 8
- **Shares:** 0
- **Comments:** 1

## Tags

cpi, ppi, crypto

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