🚨 CPI SHOCKWAVE: Hot U.S. Inflation Triggers $917M Liquidation Wipeout as Bitcoin Hits 11-Week Low! 📉💥
The U.S. October inflation report just dropped hotter than expected, sending shockwaves across global markets. With Treasury yields ripping higher and traders pricing in aggressive Federal Reserve rate hikes, leveraged crypto bulls just got completely crushed—wiping out $917 Million in futures liquidations over the last 24 hours. [1, 2]
As spot ETFs record four straight days of institutional outflows and tech stocks slide on Nvidia’s ongoing board investigation, major tokens are clinging to critical multi-month support floors: [1, 2]
$BTC plunged to an 11-week low near $72,700 overnight before fighting back to stabilize around $73,750. [1, 2, 3]
$ETH suffered heavy selling pressure, hovering dangerously close to its $2,055 support line—a breakdown below $2,000 could spark deeper panic. [1, 2]
$SOL is sliding down to $83.00 (-3.6%), even as major Wall Street giant Charles Schwab officially launches live Solana and Chainlink trading for U.S. clients. [1]
$XRP continues to bleed under macro pressure, testing a critical psychological floor at $1.05. [1]
💡 The Post-CPI Trading Strategy: Do not blindly jump into high leverage while bond yields are surging. Watch Bitcoin’s $73,170 level (its key 200-day moving average). If bulls defend this zone into the daily close, a sharp relief bounce could follow. If it breaks, prepare for a test of $70,000. [1, 2]
Are you buying this 11-week dip, or waiting on the sidelines until the Fed rate hike dust settles? Drop your target entries below! 👇💬
#Binance #bitcoin #cryptocrash #cpi #writetoearn
The U.S. October inflation report just dropped hotter than expected, sending shockwaves across global markets. With Treasury yields ripping higher and traders pricing in aggressive Federal Reserve rate hikes, leveraged crypto bulls just got completely crushed—wiping out $917 Million in futures liquidations over the last 24 hours. [1, 2]
As spot ETFs record four straight days of institutional outflows and tech stocks slide on Nvidia’s ongoing board investigation, major tokens are clinging to critical multi-month support floors: [1, 2]
$BTC plunged to an 11-week low near $72,700 overnight before fighting back to stabilize around $73,750. [1, 2, 3]
$ETH suffered heavy selling pressure, hovering dangerously close to its $2,055 support line—a breakdown below $2,000 could spark deeper panic. [1, 2]
$SOL is sliding down to $83.00 (-3.6%), even as major Wall Street giant Charles Schwab officially launches live Solana and Chainlink trading for U.S. clients. [1]
$XRP continues to bleed under macro pressure, testing a critical psychological floor at $1.05. [1]
💡 The Post-CPI Trading Strategy: Do not blindly jump into high leverage while bond yields are surging. Watch Bitcoin’s $73,170 level (its key 200-day moving average). If bulls defend this zone into the daily close, a sharp relief bounce could follow. If it breaks, prepare for a test of $70,000. [1, 2]
Are you buying this 11-week dip, or waiting on the sidelines until the Fed rate hike dust settles? Drop your target entries below! 👇💬
#Binance #bitcoin #cryptocrash #cpi #writetoearn