Hot inflation data just killed the rate-cut dream and $BTC tumbled to $63k before bouncing back to $65k. 📉 Risk assets hate higher rates, and crypto's bearing the brunt with the Fear index screaming extreme fear at 10/100. 😰
Winners here? Cash and bonds. Losers? Everything else. $ETH down 4%, alts getting absolutely shredded. 🔴
I'm watching whether $BTC holds $64k support or if we test lower. The real tell is coming inflation data over the next few weeks. 👀
Does inflation cool fast enough to kill these hike bets, or are we stuck grinding sideways in pain? 🤔
Source: Nacionale
Not financial advice. DYOR.
#Bitcoin #CryptoNews
Winners here? Cash and bonds. Losers? Everything else. $ETH down 4%, alts getting absolutely shredded. 🔴
I'm watching whether $BTC holds $64k support or if we test lower. The real tell is coming inflation data over the next few weeks. 👀
Does inflation cool fast enough to kill these hike bets, or are we stuck grinding sideways in pain? 🤔
Source: Nacionale
Not financial advice. DYOR.
#Bitcoin #CryptoNews
