#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
🟠 #Bitcoin# The price has reached a new all-time high of $109,444
🇸🇻 El Salvador's $BTC portfolio also reached a new ATH of $675 million, with a total unrealized profit of $381 million.
• Portfolio value: 675,763,257 US dollars
• Total BTC Supply: 6,181 #BTC
• Average purchase price: 47,196 US dollars
• Unrealized PnL: +130.5%
The historical achievements of the first country in the world to adopt bitcoin as legal tender. 💥