🚨 U.S. inflation ROSE to 3.7%, more than expected… and Bitcoin fell $1,000 in MINUTES 💥
Prices are rising faster and the Fed could raise rates again before the end of the year.
▪️ Bitcoin (~82,800): went from ~83,800 to ~82,800 as soon as the data came out. The 10-year bond jumped to 5.3%, and with money being more expensive, investors prefer safe bonds. The key support is the 81,000 to 82,000 zone.
▪️ Ethereum (~2,480): lost 2,500 after the report. Its ETFs finally had inflows at the close of yesterday, Tuesday, but higher rates are slowing risk appetite. 2,410 is the floor to defend.
▪️ FET (~0.210): falls with the rest of the market, with no news of its own. The team continues adding tools for its AI agents, which will even be able to charge in FET. Losing 0.20 would open the door to more downside.
▪️ HYPE (~80.7): down slightly, but its network has already bought back more than 48 million HYPE with its fees and removes them from circulation. That cushion explains why buyers always show up near 80.
▪️ AVAX (~10.0): falls ~2% and tests the $10 level. A Goldman Sachs Treasury fund of more than 100 billion is already moving on a network based on Avalanche. If it loses 10, the next floor is around 9.5.
Would you buy the dip on inflation or wait for a clearer bottom? 👇
#Bitcoin #ETH #FET #HYPE #AVAX
Prices are rising faster and the Fed could raise rates again before the end of the year.
▪️ Bitcoin (~82,800): went from ~83,800 to ~82,800 as soon as the data came out. The 10-year bond jumped to 5.3%, and with money being more expensive, investors prefer safe bonds. The key support is the 81,000 to 82,000 zone.
▪️ Ethereum (~2,480): lost 2,500 after the report. Its ETFs finally had inflows at the close of yesterday, Tuesday, but higher rates are slowing risk appetite. 2,410 is the floor to defend.
▪️ FET (~0.210): falls with the rest of the market, with no news of its own. The team continues adding tools for its AI agents, which will even be able to charge in FET. Losing 0.20 would open the door to more downside.
▪️ HYPE (~80.7): down slightly, but its network has already bought back more than 48 million HYPE with its fees and removes them from circulation. That cushion explains why buyers always show up near 80.
▪️ AVAX (~10.0): falls ~2% and tests the $10 level. A Goldman Sachs Treasury fund of more than 100 billion is already moving on a network based on Avalanche. If it loses 10, the next floor is around 9.5.
Would you buy the dip on inflation or wait for a clearer bottom? 👇
#Bitcoin #ETH #FET #HYPE #AVAX