🚨 CPI IS OUT — BUT HERE’S WHAT THE MARKET DID NEXT
🇺🇸 US CPI came in at 3.4% YoY, while Core CPI rose 0.3% MoM vs 0.2% expected.
The headline matched expectations…
but core inflation came in hotter.
And the reaction was immediate 👀
📈 Fed rate-hike odds jumped to around 91%
📈 US 2Y Treasury yield pushed higher
⚠️ The market is now pricing in a much more hawkish Fed.
But here’s the interesting part…
BTC didn't completely break down.
Instead, Bitcoin remained around the $78K zone, showing that crypto bulls aren't giving up yet. �
Reuters +2
So now the real battle begins:
🔥 Hawkish Fed vs. 💰 Crypto liquidity
If yields and the dollar continue higher → BTC could face pressure.
If BTC keeps absorbing the macro shock → that could be a completely different signal.
CPI delivered the shock.
Now BTC has to show us the direction. 👀
Bullish or bearish from here?
#CPIWatch $BTC
$XAU
pic 🖼️ showing the market reaction
🇺🇸 US CPI came in at 3.4% YoY, while Core CPI rose 0.3% MoM vs 0.2% expected.
The headline matched expectations…
but core inflation came in hotter.
And the reaction was immediate 👀
📈 Fed rate-hike odds jumped to around 91%
📈 US 2Y Treasury yield pushed higher
⚠️ The market is now pricing in a much more hawkish Fed.
But here’s the interesting part…
BTC didn't completely break down.
Instead, Bitcoin remained around the $78K zone, showing that crypto bulls aren't giving up yet. �
Reuters +2
So now the real battle begins:
🔥 Hawkish Fed vs. 💰 Crypto liquidity
If yields and the dollar continue higher → BTC could face pressure.
If BTC keeps absorbing the macro shock → that could be a completely different signal.
CPI delivered the shock.
Now BTC has to show us the direction. 👀
Bullish or bearish from here?
#CPIWatch $BTC
$XAU
pic 🖼️ showing the market reaction
