US 10Y yield just touched 4.99% — one tick away from the psychological 5% level.
CPI came in hot. Market now pricing in a near-certain Fed hike in September.
What this means:
→ Higher rates = stronger $USD
→ Risk-off pressure on crypto
→ Liquidity draining fast
If 5% breaks and holds, expect volatility across all risk assets. $BTC and alts could see deeper retests.
Stay liquid. Don't fight the Fed when they're still tightening.
CPI came in hot. Market now pricing in a near-certain Fed hike in September.
What this means:
→ Higher rates = stronger $USD
→ Risk-off pressure on crypto
→ Liquidity draining fast
If 5% breaks and holds, expect volatility across all risk assets. $BTC and alts could see deeper retests.
Stay liquid. Don't fight the Fed when they're still tightening.