🚨🔥 INFLATION IS BACK TO HAUNT THE MARKETS! IS THE FED ABOUT TO DELIVER A DECEMBER RATE HIKE? 🇺🇸
Wall Street wanted cooling inflation. Instead, October's CPI delivered another warning sign.
📊 The numbers say it all:
Headline CPI: 0.4% MoM vs. 0.3% expected.
Core CPI: 0.3% MoM vs. 0.2% expected.
The hotter-than-expected figures are strengthening expectations of tighter Fed policy, while bets on a larger 50 bps hike have also increased.
₿ Crypto is feeling the pressure! Bitcoin slipped to $73,762, testing its critical 200-day moving average near $73.1K. Leveraged traders are also facing heavy liquidations.
⚠️ My question: Is this just a temporary shakeout, or are we heading into a deeper crypto correction?
What do you think?
#CPI #FedRateDecision #HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #CanNvidiaEarningsEaseMarketConcerns?
$GRAM $INIT $BTC
Wall Street wanted cooling inflation. Instead, October's CPI delivered another warning sign.
📊 The numbers say it all:
Headline CPI: 0.4% MoM vs. 0.3% expected.
Core CPI: 0.3% MoM vs. 0.2% expected.
The hotter-than-expected figures are strengthening expectations of tighter Fed policy, while bets on a larger 50 bps hike have also increased.
₿ Crypto is feeling the pressure! Bitcoin slipped to $73,762, testing its critical 200-day moving average near $73.1K. Leveraged traders are also facing heavy liquidations.
⚠️ My question: Is this just a temporary shakeout, or are we heading into a deeper crypto correction?
What do you think?
#CPI #FedRateDecision #HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #CanNvidiaEarningsEaseMarketConcerns?
$GRAM $INIT $BTC
