🔥U.S. INFLATION CAME IN COOLER — MARKETS REACT
August PCE inflation came in at 3.4% YoY, below the 3.7% expected. Core PCE also eased to 3.0% vs. 3.3% expected.
📈 U.S. stocks moved higher
📉 Rate-hike expectations eased
💵 Treasury yields remain elevated
Why does this matter for crypto?
PCE → Fed expectations → Yields → USD → BTC & risk assets
Softer inflation can reduce pressure for further tightening, but elevated Treasury yields remain a key macro risk.
I’m watching BTC’s reaction to U.S. yields and the dollar closely today.
The next move may come from macro — not crypto.
DYOR
Trade ➡️ $NVDAB
➡️ $BTC $ARK
#AltcoinSeasonIndexHoldsAbove60For5Days #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020 #SECToClarifyOnChainFundraisingRules
August PCE inflation came in at 3.4% YoY, below the 3.7% expected. Core PCE also eased to 3.0% vs. 3.3% expected.
📈 U.S. stocks moved higher
📉 Rate-hike expectations eased
💵 Treasury yields remain elevated
Why does this matter for crypto?
PCE → Fed expectations → Yields → USD → BTC & risk assets
Softer inflation can reduce pressure for further tightening, but elevated Treasury yields remain a key macro risk.
I’m watching BTC’s reaction to U.S. yields and the dollar closely today.
The next move may come from macro — not crypto.
DYOR
Trade ➡️ $NVDAB
➡️ $BTC $ARK
#AltcoinSeasonIndexHoldsAbove60For5Days #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020 #SECToClarifyOnChainFundraisingRules
