CRYPTO MARKET CRASH ALERT 🚹 Will Sept CPI Shake It More?

#CPIWatch Markets tumble as Bitcoin falls below $81k - $803M liquidated in 24h!
Biggest Losers Today (Oct 13):
đŸ”» $BLUR -33.0% (marketplace closing)
đŸ”» $AVAX -18.0%
đŸ”» $LINK -14.0%
đŸ”» $SOL -13.0% | $DOGE -13.0%
đŸ”» $SHIB -12.5%
đŸ”» $ZEC -10.4% to $1,149
Why dump?
- Oil at $105.6 (Middle East tensions) = inflation fears- 10Y Treasury yield 5.25% = Fed hike bets revived- Sept CPI expected HOT at 3.7% YoY- If CPI comes hotter, yields will spike more → crypto under more pressure
My view: Hot CPI = more downside for risk assets. I’m in cash $RWUSD waiting.
Will CPI save or dump market further?
$BZUSDT $TMFUSDT $TBT $RWUSD #CPIWatch #CryptoCrash #Bitcoin #Liquidations