Hot CPI Hits Bitcoin Hard As December Hike Bets Jump
October CPI rose 0.4 percent against 0.3 percent expected and core CPI rose 0.3 percent against 0.2 percent expected
Bitcoin dropped to $73,400 right after the print and is now near $72,860 below the $73,500 support
Traders now price a bigger December Fed hike and Ether fell to $2,016 while gold dropped more than 2 percent
Risk is high $72,000 is the next support now
$BTC $ETH $SOL
#AnthropicRejectsIPODelayValuationinQuestion
#HotCPIDecemberHikePriced
October CPI rose 0.4 percent against 0.3 percent expected and core CPI rose 0.3 percent against 0.2 percent expected
Bitcoin dropped to $73,400 right after the print and is now near $72,860 below the $73,500 support
Traders now price a bigger December Fed hike and Ether fell to $2,016 while gold dropped more than 2 percent
Risk is high $72,000 is the next support now
$BTC $ETH $SOL
#AnthropicRejectsIPODelayValuationinQuestion
#HotCPIDecemberHikePriced
