#CPIWatch
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Hotter CPI Just Shook the Crypto Market!
U.S. CPI came in at 3.7%, while Core CPI stayed stubbornly high at 0.3% MoM. The market instantly priced in a more hawkish Fed, and Bitcoin lost the $83K level as volatility returned.$BTC $BNB
This doesn't mean the bull market is over but it does mean traders should expect bigger swings until the next Fed decision.
Are you buying this dip or waiting for confirmation? 👇$ETH
#bitcoin #Fed #cpi
🚨
Hotter CPI Just Shook the Crypto Market!
U.S. CPI came in at 3.7%, while Core CPI stayed stubbornly high at 0.3% MoM. The market instantly priced in a more hawkish Fed, and Bitcoin lost the $83K level as volatility returned.$BTC $BNB
This doesn't mean the bull market is over but it does mean traders should expect bigger swings until the next Fed decision.
Are you buying this dip or waiting for confirmation? 👇$ETH
#bitcoin #Fed #cpi