🚨 BITCOIN SLIPS BELOW $78K AS CPI QUEASY 🚨
Crypto markets are under pressure this morning as macro jitters pull Bitcoin back toward local support at $77.8K.
• Fed & CPI Shock: Hotter Producer Index numbers pushed September Fed rate-hike bets above 60%, dampening risk-on appetite.
• Crude Oil Surge: Brent crude breaching $100 pulled liquidity out of speculative markets.
• ETF Inflows Cushioning: Strong institutional buying (~$980M net weekly inflows) continues to prevent a deeper crash.
Watch the $77.5K level closely—holding it is key for bulls before the Fed rate decision on September 16.
Are you taking profits or loading up on this dip? Drop your playbook below! 👇
#CryptoNews #MarketUpdate #bitcoin #RiskManagement #CPIdata
Crypto markets are under pressure this morning as macro jitters pull Bitcoin back toward local support at $77.8K.
• Fed & CPI Shock: Hotter Producer Index numbers pushed September Fed rate-hike bets above 60%, dampening risk-on appetite.
• Crude Oil Surge: Brent crude breaching $100 pulled liquidity out of speculative markets.
• ETF Inflows Cushioning: Strong institutional buying (~$980M net weekly inflows) continues to prevent a deeper crash.
Watch the $77.5K level closely—holding it is key for bulls before the Fed rate decision on September 16.
Are you taking profits or loading up on this dip? Drop your playbook below! 👇
#CryptoNews #MarketUpdate #bitcoin #RiskManagement #CPIdata