PCE inflation just dropped to 3.4% vs 3.7% expected 📉
Market immediately repriced Oct Fed hike odds to near zero. $BTC spiked on the print.
Lower inflation = softer Fed = risk-on for crypto. This is the macro shift we've been waiting for.
Market immediately repriced Oct Fed hike odds to near zero. $BTC spiked on the print.
Lower inflation = softer Fed = risk-on for crypto. This is the macro shift we've been waiting for.
