Core CPI month-on-month rose to the highest level since May this year. Inflation hasn’t cooled down—in fact, it’s accelerating! According to data from Jin10, market expectations for the Fed to hike rates in September have surged rapidly, with some even pricing in two rate hikes within the year. Bitcoin’s probe dipped to $76,046 and is currently at $77,134. Is this move a pause or a reversal? Friends, look at the bond market’s mood first—don’t rush to bottom-fish.