🔥Major bearish news is here! U.S. CPI data comes in above expectations across the board⚠️
U.S. CPI rose 3.7% year over year in September, above the expected 3.6%. Core CPI also exceeded forecasts, coming in at 2.6% year over year. Inflation has heated up again, prompting markets to ramp up bets on further Fed rate hikes.
$BNB $BTW $TRX #PRL突破1.90美元创历史新高 #Strive斥资2.8亿美元增持3311枚BTC #9月CPI来袭原油美债走势如何
Following the release, the U.S. Dollar Index jumped in the short term and Treasury yields climbed. U.S. stock futures all turned negative, gold and silver plunged, and non-U.S. currencies broadly weakened.
An upside inflation surprise is a classic macroeconomic headwind and could put considerable near-term pressure on risk assets such as Bitcoin. Volatility is likely to pick up significantly from here. Those using leverage should stay especially alert, avoid taking large positions against the trend, and manage their exposure strictly✅
U.S. CPI rose 3.7% year over year in September, above the expected 3.6%. Core CPI also exceeded forecasts, coming in at 2.6% year over year. Inflation has heated up again, prompting markets to ramp up bets on further Fed rate hikes.
$BNB $BTW $TRX #PRL突破1.90美元创历史新高 #Strive斥资2.8亿美元增持3311枚BTC #9月CPI来袭原油美债走势如何
Following the release, the U.S. Dollar Index jumped in the short term and Treasury yields climbed. U.S. stock futures all turned negative, gold and silver plunged, and non-U.S. currencies broadly weakened.
An upside inflation surprise is a classic macroeconomic headwind and could put considerable near-term pressure on risk assets such as Bitcoin. Volatility is likely to pick up significantly from here. Those using leverage should stay especially alert, avoid taking large positions against the trend, and manage their exposure strictly✅
