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Home ยป The Impact of Inflation Reports on the Market
Cryptocurrency

The Impact of Inflation Reports on the Market

By adminMay. 9, 2024No Comments1 Min Read
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The Impact of Inflation Reports on the Market
The Impact of Inflation Reports on the Market
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On the other hand, if the inflation reports published by TCMB suggest a surge in inflation expectations or the implementation of stricter monetary policies, it usually prompts investors to steer clear of risky ventures, which in turn can dampen the demand for cryptocurrencies. Conversely, if TCMB’s reports signal an economic rebound or indicate a potential easing of monetary policies, it typically fosters an appetite for risk and can bolster the demand for cryptocurrencies.

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