CPI SHOCK 3.7% - Gasoline Kills Crypto Market!
đš CPI SHOCK: 3.7% HOTTER Than Expected - Market BLEEDS!
US CPI came at 3.7% vs 3.6% expected - just 0.1% but market got REKT!
đ„ WHAT HAPPENED IN MINUTES:
đ BTC: Dumps $1000 -> $82,800
đ Gold: Crashes $40 -> $4,129
đ Silver: $58.07 (-1.5%)
đž $771M Crypto Liquidations in 24H - 83% were LONGS!
✠The REAL Culprit: GASOLINE!
US Gasoline up 7.3% in one month: $4.058 -> $4.355/gallon
Headline inflation 3.7% vs Core 2.6% = 1.1% gap is ALL GAS!
Fed can't fix oil price with rate hikes!
đŠ Fed Now Hawkish Again!
10Y Yield jumps to 5.30% (+9 bps)
Rate hike odds for December now 90% - October hike back on table!
Is this a buy the dip chance or more pain coming?
BTC to $80K or bounce to $85K? đ
#Bitcoin #CPI #Inflation #BTC #CryptoCrash #FederalReserve #Gasoline #BreakingNews #CryptoNews
đš CPI SHOCK: 3.7% HOTTER Than Expected - Market BLEEDS!
US CPI came at 3.7% vs 3.6% expected - just 0.1% but market got REKT!
đ„ WHAT HAPPENED IN MINUTES:
đ BTC: Dumps $1000 -> $82,800
đ Gold: Crashes $40 -> $4,129
đ Silver: $58.07 (-1.5%)
đž $771M Crypto Liquidations in 24H - 83% were LONGS!
✠The REAL Culprit: GASOLINE!
US Gasoline up 7.3% in one month: $4.058 -> $4.355/gallon
Headline inflation 3.7% vs Core 2.6% = 1.1% gap is ALL GAS!
Fed can't fix oil price with rate hikes!
đŠ Fed Now Hawkish Again!
10Y Yield jumps to 5.30% (+9 bps)
Rate hike odds for December now 90% - October hike back on table!
Is this a buy the dip chance or more pain coming?
BTC to $80K or bounce to $85K? đ
#Bitcoin #CPI #Inflation #BTC #CryptoCrash #FederalReserve #Gasoline #BreakingNews #CryptoNews