Why is crypto red? Five things landed at once:
1️⃣ Hot CPI (3.7% YoY)
2️⃣ Rate-cut hopes fading
3️⃣ Spot $BTC ETF outflows
4️⃣ ~$771M liquidations earlier this week
5️⃣ Oil and geopolitical tension
No single villain, just a pileup. #Bitcoin #Macro
1️⃣ Hot CPI (3.7% YoY)
2️⃣ Rate-cut hopes fading
3️⃣ Spot $BTC ETF outflows
4️⃣ ~$771M liquidations earlier this week
5️⃣ Oil and geopolitical tension
No single villain, just a pileup. #Bitcoin #Macro