$BTC - Holding pattern while markets digest yield surge and ENA gets bank backing

Standard Chartered initiates coverage on Ethena's ENA, forecasting a significant rally
30-year Treasury yields hit 2002 highs after oil-fueled rate-hike bets
Traders now eye the Fed's preferred PCE inflation gauge for direction

The bank's ENA optimism contrasts with BTC's cautious stance as macro risk dominates near-term moves

$ENA
#Inflation #Macro