🚨 US June CPI Drops to 3.5% — What This Means for Crypto
Inflation just cooled more than anyone expected. Core CPI came in FLAT month-over-month (0.0%), and that changes everything.
Here is what happened: • Annual CPI: 3.5% vs 3.8% forecast (down from 4.2% in May) • Core CPI MoM: 0.0% — the coolest print in years • Fed rate hike pressure: sharply reduced
BTC reaction: Surged past $63,500 immediately after the release. Lower inflation = lower rate hike odds = more liquidity = crypto loves this.
What to watch now: • Fed meeting signals — will they pivot sooner? • ETF flows returning (BTC ETFs just ended an 8-week outflow streak) • Altcoins may catch a bid if risk appetite keeps rising
The macro tailwind is back. The question is whether crypto can hold momentum with geopolitical noise (Iran-US tensions, oil +10%) still in the background.
Are you buying this dip or waiting for confirmation? Drop your view below 👇