US inflation fell below expectations 📉
If you’re new to crypto, here’s what this news means:
The Fed’s watched indicator came in at 3%, while the market expected 3.3%
So the chance of a rate hike in October is weaker
$BTC jumped to around $85,500 within minutes, but then returned to about $83,700 because bond yields are still high
Answer with one word: what’s driving Bitcoin right now—bonds or inflation? 🤔
#BTC #التضخم
If you’re new to crypto, here’s what this news means:
The Fed’s watched indicator came in at 3%, while the market expected 3.3%
So the chance of a rate hike in October is weaker
$BTC jumped to around $85,500 within minutes, but then returned to about $83,700 because bond yields are still high
Answer with one word: what’s driving Bitcoin right now—bonds or inflation? 🤔
#BTC #التضخم