🔥 U.S. CPI SURGES TO 3.7% — FED POISED TO RAISE RATES & SEC APPROVES 3X LEVERAGED ETFs!
📰 Top stories:
U.S. CPI exceeds forecasts: September inflation unexpectedly surged to 3.7%, crushing hopes that it would cool.
More pressure on the FED: The hot data has rattled markets, pushing the odds of another FED rate hike at its late-October meeting to nearly 50%.
SEC “unleashes” leveraged ETFs: Despite tense macro conditions, the SEC has officially approved Volatility Shares’ 3x leveraged Bitcoin and Ethereum ETFs, opening the door to an extremely high-risk game.
📉 Market impact:
Bad news in the short term! The inflation “cold shower” sent $BTC plunging below $83,000 as investors worried about tighter liquidity. Even so, the arrival of 3x leveraged ETFs could bring sharp whipsaws and extremely wild price swings in the near future.
💬 Are you trying to buy the dip, or sitting out and watching this macro storm unfold? 👇
$BTC$ETH #Macro #CryptoNews #Bitcoin
📰 Top stories:
U.S. CPI exceeds forecasts: September inflation unexpectedly surged to 3.7%, crushing hopes that it would cool.
More pressure on the FED: The hot data has rattled markets, pushing the odds of another FED rate hike at its late-October meeting to nearly 50%.
SEC “unleashes” leveraged ETFs: Despite tense macro conditions, the SEC has officially approved Volatility Shares’ 3x leveraged Bitcoin and Ethereum ETFs, opening the door to an extremely high-risk game.
📉 Market impact:
Bad news in the short term! The inflation “cold shower” sent $BTC plunging below $83,000 as investors worried about tighter liquidity. Even so, the arrival of 3x leveraged ETFs could bring sharp whipsaws and extremely wild price swings in the near future.
💬 Are you trying to buy the dip, or sitting out and watching this macro storm unfold? 👇
$BTC$ETH #Macro #CryptoNews #Bitcoin