The market is pricing a Fed HIKE, not a cut, and US CPI lands today at 13:30 UTC. Here's what that means for $BTC .
Macro digest:
• October CPI is out today, the last print before the Fed's Dec 8–9 meeting. Nowcasts sit around +0.2–0.3% m/m headline after September's hot +0.6%.
• CME FedWatch had December quarter-point hike odds near 77% going into the week. A soft print could chip away at that; a hot one locks it in.
• US spot Bitcoin ETFs lost $1.28B last week, the worst week since late June. Spot $ETH ETFs logged a sixth straight weekly outflow, and SOL and $HYPE funds a fifth.
Where prices sit right now (Binance spot):
BTC 74,715 (+0.18% 24h), range 74,058–75,568. Sunday's low near 73,477 was the lowest since August.
ETH 2,118 (−0.24%), SOL 85.90 (−1.23%), XRP 1.0873 (−0.99%).
BNB 690.92 (+1.07%) and HYPE 74.49 (+0.59%) are quietly holding green.
BTC is coiling in a tight ~2% range ahead of the number. Expect volatility right after the release, and both sides can get liquidated on the first candle. A hot CPI could put the weekly low back in play; a cool one could give bulls a shot at reclaiming 76k.
How are you positioned into the print: flat, hedged, or leaning one way?
Not financial advice.
#CPI #Bitcoin #CryptoNews
Macro digest:
• October CPI is out today, the last print before the Fed's Dec 8–9 meeting. Nowcasts sit around +0.2–0.3% m/m headline after September's hot +0.6%.
• CME FedWatch had December quarter-point hike odds near 77% going into the week. A soft print could chip away at that; a hot one locks it in.
• US spot Bitcoin ETFs lost $1.28B last week, the worst week since late June. Spot $ETH ETFs logged a sixth straight weekly outflow, and SOL and $HYPE funds a fifth.
Where prices sit right now (Binance spot):
BTC 74,715 (+0.18% 24h), range 74,058–75,568. Sunday's low near 73,477 was the lowest since August.
ETH 2,118 (−0.24%), SOL 85.90 (−1.23%), XRP 1.0873 (−0.99%).
BNB 690.92 (+1.07%) and HYPE 74.49 (+0.59%) are quietly holding green.
BTC is coiling in a tight ~2% range ahead of the number. Expect volatility right after the release, and both sides can get liquidated on the first candle. A hot CPI could put the weekly low back in play; a cool one could give bulls a shot at reclaiming 76k.
How are you positioned into the print: flat, hedged, or leaning one way?
Not financial advice.
#CPI #Bitcoin #CryptoNews