⚠️ Inflation just tried to KILL the Bitcoin rally. It failed.
Yesterday was a brutal stress test:
• July PCE inflation came in HOT: 3.7% YoY — nearly double the Fed's 2% target 🥵
• $BTC got slapped from $81,255 down below $78K
• Crypto stocks bled: COIN -3.4%, MSTR -4.6%, ABTC -8%
• ...then Bitcoin closed the day GREEN at $79,027 💪
My take: Two catalysts still ahead — Nvidia earnings (risk sentiment) and the Sept 15 Senate vote on the crypto Clarity Act. If $BTC holds $78K through both, the $90K talks get very loud.
👇 Follow for macro + crypto decoded daily
#Inflation #CryptoNews #BTC #NvidiaRises4%OnRevenueBeat
Yesterday was a brutal stress test:
• July PCE inflation came in HOT: 3.7% YoY — nearly double the Fed's 2% target 🥵
• $BTC got slapped from $81,255 down below $78K
• Crypto stocks bled: COIN -3.4%, MSTR -4.6%, ABTC -8%
• ...then Bitcoin closed the day GREEN at $79,027 💪
My take: Two catalysts still ahead — Nvidia earnings (risk sentiment) and the Sept 15 Senate vote on the crypto Clarity Act. If $BTC holds $78K through both, the $90K talks get very loud.
👇 Follow for macro + crypto decoded daily
#Inflation #CryptoNews #BTC #NvidiaRises4%OnRevenueBeat
