📊 CPI Hit, $BTC Dipped - Then Buyers Stepped Back In I followed CoinDesk’s live coverage around today’s U.S. inflation print, and the reaction was much more interesting than the first candle suggested. Core CPI rose 0.3% in August, slightly above the 0.2% forecast, while headline CPI came in at 3.4% YoY. Right after the release, $BTC briefly dropped to around $76.7K, then quickly recovered and later moved back toward $80K. The macro backdrop is still tight. Markets are now pricing a very high probability of a Fed rate hike next week, with the 2-year Treasury yield jumping after the data. At the same time, stocks moved higher and bond yields later eased a bit, which helped risk assets stabilize. What caught my eye is that crypto didn’t stay weak after the hotter core CPI. ETH actually led the majors, while $BTC recovered more than 2% from the immediate post-data move. So for me, today is less about “hot CPI = bearish crypto” and more about how fast the market absorbed the news. If Bitcoin can keep holding the $77K–$78K area, the next test is whether it can turn this rebound into another push toward $80K+. Source: CoinDesk Not financial advice. Always DYOR. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
