🟢 Cooling inflation data in the US triggered a sharp market reversal, as core PCE reached three percent versus estimates. Bitcoin surged 🚀 above eighty-five thousand dollars, while the odds on the CME FedWatch for a rate hike in October fell from seventy-two percent to under forty. Strong GDP and consumer spending mean that macro volatility ⚡ is far from over ahead of upcoming market labor data.

Will Friday’s employment report reignite concerns about a Fed rate hike, or is Bitcoin’s move above $85K the start of a sustained macro breakout? 👇

#bitcoin #pce #inflation #fed #macro