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Cryst4l9
@cryst4l9
US economic data is showing strength, with Philly Fed business index, producer price inflation, import prices, and retail sales all beating expectations. This solid economic picture is driving Wall Street to new highs, with Nasdaq nearing 21000 points and S&P 500 at 6304.
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Cryst4l9
@cryst4l9
This economic momentum may positively impact crypto market sentiment. Strong US economic data often correlates with increased risk appetite, which can boost crypto prices. However, crypto investors should remain cautious and monitor market trends closely.
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