#CPI comes in hotter than expected, putting US stocks and BTC under renewed pressure
Woke up to another hotter-than-expected CPI reading. US stocks came under immediate pressure in overnight trading, while $BTC hovered around 74,000. The fear index fell to 26, and the market still hasn’t caught its breath.
The worst performer overnight was $PEPE , plunging 15.3% in one go. Meme coins really do fall without rhyme or reason. ZEC also dropped below $1,000 for the first time since September.
Today, keep an eye on two things: Can BTC hold 73,000? If not, watch 72,000. As for a dip-buying opportunity in a coin like PEPE after a drop like this, don’t rush in—the volatility is extreme. Approach with caution and wait for it to stabilize first.
Woke up to another hotter-than-expected CPI reading. US stocks came under immediate pressure in overnight trading, while $BTC hovered around 74,000. The fear index fell to 26, and the market still hasn’t caught its breath.
The worst performer overnight was $PEPE , plunging 15.3% in one go. Meme coins really do fall without rhyme or reason. ZEC also dropped below $1,000 for the first time since September.
Today, keep an eye on two things: Can BTC hold 73,000? If not, watch 72,000. As for a dip-buying opportunity in a coin like PEPE after a drop like this, don’t rush in—the volatility is extreme. Approach with caution and wait for it to stabilize first.