Does the Federal Reserve have a surprise in store?

With the Consumer Price Index (CPI) stable at 2.9%, all eyes are on the Federal Reserve's meeting next week. Will the central bank's chairman, Jerome Powell, take a step towards lowering interest rates as some analysts expect?

What does that mean for Bitcoin? As soon as the inflation data was released, the price of Bitcoin jumped to 114,500 dollars — which shows the market's sensitivity to any economic news. The stability of the price above the level of 114,000 dollars reflects the strength and confidence of investors, despite the volatility of traditional markets.

Is this data the signal that the market has been waiting for to take off??

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