đ„U.S. INFLATION CAME IN COOLER â MARKETS REACT
August PCE inflation came in at 3.4% YoY, below the 3.7% expected. Core PCE also eased to 3.0% vs. 3.3% expected.
đ U.S. stocks moved higher
đ Rate-hike expectations eased
đ” Treasury yields remain elevated
Why does this matter for crypto?
PCE â Fed expectations â Yields â USD â BTC & risk assets
Softer inflation can reduce pressure for further tightening, but elevated Treasury yields remain a key macro risk.
Iâm watching BTCâs reaction to U.S. yields and the dollar closely today.
The next move may come from macro â not crypto.
DYOR
Trade âĄïž $NVDAB
âĄïž $BTC $ARK
#AltcoinSeasonIndexHoldsAbove60For5Days #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020 #SECToClarifyOnChainFundraisingRules
August PCE inflation came in at 3.4% YoY, below the 3.7% expected. Core PCE also eased to 3.0% vs. 3.3% expected.
đ U.S. stocks moved higher
đ Rate-hike expectations eased
đ” Treasury yields remain elevated
Why does this matter for crypto?
PCE â Fed expectations â Yields â USD â BTC & risk assets
Softer inflation can reduce pressure for further tightening, but elevated Treasury yields remain a key macro risk.
Iâm watching BTCâs reaction to U.S. yields and the dollar closely today.
The next move may come from macro â not crypto.
DYOR
Trade âĄïž $NVDAB
âĄïž $BTC $ARK
#AltcoinSeasonIndexHoldsAbove60For5Days #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020 #SECToClarifyOnChainFundraisingRules
