Traders are closely watching the upcoming inflation report to see if it changes the outlook for a December rate cut. $BTC is trading at 74223.2 USDT, down 0.28 percent over the last 24 hours. While stocks showed some recovery, crypto hit a high of 75568.2 before settling into this range. This pause follows a series of liquidations that cleared out some leverage.

My read: The 2,363,831 trades on the spot pair show high activity levels despite the flat price, which indicates a standoff between buyers and sellers before the macro data release.

Are you keeping your capital in the market through the report or waiting for the official numbers to decide?

#CPITestsDecemberRateOutlook