$BTC U.S. inflation has suddenly flashed a danger signal!
Core CPI rises to 2.6%!
Its highest level in nearly three months.
Expectations for Fed easing are being put to the test again.
Can BTC withstand this wave of macro pressure tonight?
The latest U.S. core Consumer Price Index (CPI) rose 2.6% year over year, its highest level in nearly three months, showing that inflationary pressure remains even after food and energy are excluded. Core CPI is one of the key indicators the Federal Reserve uses to assess inflation trends. If price pressures continue to rise, expectations for future rate cuts may be curbed, while Treasury yields and the U.S. dollar could gain support.
What really matters next is whether the 2.6% figure came in above or below market expectations, and how Treasury yields actually respond after the release. If the data exceeds expectations, BTC could face further short-term selling pressure. But if the market has already priced in the risk of rising inflation and spot buyers step in to absorb the supply, we could instead see a rebound once the negative news is out of the way. Pay close attention to the second wave of market flows after U.S. stocks open at 21:30 tonight.
Core CPI hits a three-month high, and the market needs to reassess the rate outlook.
If BTC can hold key support amid macro pressure, the bulls may have a chance to seize the initiative again!
Tap the card below to get started! 👇
$ETH $ZEC
Core CPI rises to 2.6%!
Its highest level in nearly three months.
Expectations for Fed easing are being put to the test again.
Can BTC withstand this wave of macro pressure tonight?
The latest U.S. core Consumer Price Index (CPI) rose 2.6% year over year, its highest level in nearly three months, showing that inflationary pressure remains even after food and energy are excluded. Core CPI is one of the key indicators the Federal Reserve uses to assess inflation trends. If price pressures continue to rise, expectations for future rate cuts may be curbed, while Treasury yields and the U.S. dollar could gain support.
What really matters next is whether the 2.6% figure came in above or below market expectations, and how Treasury yields actually respond after the release. If the data exceeds expectations, BTC could face further short-term selling pressure. But if the market has already priced in the risk of rising inflation and spot buyers step in to absorb the supply, we could instead see a rebound once the negative news is out of the way. Pay close attention to the second wave of market flows after U.S. stocks open at 21:30 tonight.
Core CPI hits a three-month high, and the market needs to reassess the rate outlook.
If BTC can hold key support amid macro pressure, the bulls may have a chance to seize the initiative again!
Tap the card below to get started! 👇
$ETH $ZEC