📊 Trending topic: CPI comes in hotter than expected, putting U.S. stocks and BTC under renewed pressure
U.S. October CPI data came in above expectations across the board: headline CPI rose 0.4% month over month (vs. 0.3% expected), while core CPI rose 0.3% (vs. 0.2% expected), marking a third consecutive month at 0.3%.
After the data release, BTC plunged in the short term to around $73,000, with more than $200 million in long positions liquidated across the market. Expectations of a December rate hike climbed above 85%. Fed Governor Waller had previously said that core inflation at 0.3% could prompt discussion of a 50-basis-point hike.
The topic currently ranks first on the Plaza trending list, with over 450,000 views and more than 1,400 participants in the discussion. Amid macroeconomic pressures, risk assets are under strain. Watch whether support at $73,000 holds.
#热门话题 #CPI #BTC
U.S. October CPI data came in above expectations across the board: headline CPI rose 0.4% month over month (vs. 0.3% expected), while core CPI rose 0.3% (vs. 0.2% expected), marking a third consecutive month at 0.3%.
After the data release, BTC plunged in the short term to around $73,000, with more than $200 million in long positions liquidated across the market. Expectations of a December rate hike climbed above 85%. Fed Governor Waller had previously said that core inflation at 0.3% could prompt discussion of a 50-basis-point hike.
The topic currently ranks first on the Plaza trending list, with over 450,000 views and more than 1,400 participants in the discussion. Amid macroeconomic pressures, risk assets are under strain. Watch whether support at $73,000 holds.
#热门话题 #CPI #BTC
