🚨 US INFLATION DATA IS HOTTER THAN EXPECTED! 🇺🇸

Here are the latest numbers:

📊 Core CPI (MoM)

- Actual: 0.3%
- Forecast: 0.2%
- Previous: 0.3%

📊 CPI (MoM)

- Actual: 0.4%
- Forecast: 0.3%
- Previous: 0.6%

🔍 What does this mean?

- Core inflation came in higher than expected.
- Overall inflation also exceeded expectations.
- This could make the Federal Reserve more cautious about cutting interest rates.

📉 Market Impact:
Short-term bearish pressure for Bitcoin, crypto and other risky assets.

⚠️ Watch the US Dollar and Treasury yields for further confirmation. One data release doesn't guarantee market direction.

💬 Do you think BTC will correct further or absorb this inflation shock?

#USInflationData #CPI #bitcoin #HarshOnChain #BinanceSquareTG
$BTC