
Inflation data from the U.S. put some pressure on the markets. September CPI came in at 3.7% year-over-year, above expectations of 3.6%, making things harder for those expecting the Fed to cut rates. ✨ While BTC testing below $80K and rebounding above $81K is significant, the real issue is this: 🔸 If inflation remains high and interest rate expectations harden, pressure on risk assets could persist. Meanwhile, there’s been outflows from ETFs. So, the environment isn’t exactly conducive to making decisions based solely on price charts. 👀 #inflation #cpi
