Issue 265 – Crypto on Shaky Ground Ahead of CPI

August 9, 2022

It wasn’t a great day for the crypto market with many assets breaking back below key levels ahead of Wednesday’s inflation data.

So in today’s video, I describe some key levels and scenarios to watch over the next 24 hours as we get CPI on Wednesday and PPI on Thursday.

Updates include the DXY, VIX, S&P 500, BTC, and ETH.

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Justin T Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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