๐ HIGH CPI REVIVES RATE-HIKE FEARS WHILE BITCOIN HOLDS AT $74,000 ๐ธ๐
Treasury bonds sell off sharply after U.S. inflation data, while AI stocks rebound alongside CoreWeave.
๐ MARKET HIGHLIGHTS:
๐ Bond sell-off: October CPI (+0.4%) pushed up sovereign debt yields amid expectations of higher rates.
๐๏ธ Fed stance: Waller supports a 25-bps hike in December, and analysts see a high probability of another round of quantitative tightening.
๐ป Strength in AI and Crypto: CoreWeave rises 10%, boosting the AI sector, while BTC firmly defends support at $74,000.
Do you think Bitcoin will manage to hold the $74,000 range if the Federal Reserve confirms a tighter monetary policy in December?
๐ญ๐ Iโm reading your comments!
#CryptoNews #BinanceSquare #CoreWeave #Macroeconomics #CryptoCommunity
$BNB
$BTC
$ETH
Treasury bonds sell off sharply after U.S. inflation data, while AI stocks rebound alongside CoreWeave.
๐ MARKET HIGHLIGHTS:
๐ Bond sell-off: October CPI (+0.4%) pushed up sovereign debt yields amid expectations of higher rates.
๐๏ธ Fed stance: Waller supports a 25-bps hike in December, and analysts see a high probability of another round of quantitative tightening.
๐ป Strength in AI and Crypto: CoreWeave rises 10%, boosting the AI sector, while BTC firmly defends support at $74,000.
Do you think Bitcoin will manage to hold the $74,000 range if the Federal Reserve confirms a tighter monetary policy in December?
๐ญ๐ Iโm reading your comments!
#CryptoNews #BinanceSquare #CoreWeave #Macroeconomics #CryptoCommunity
$BNB
$BTC
$ETH
