📊 Today, the markets are focused on the Fed! 📌 The Fed is expected to hold interest rates steady at 3.75%–4.00%. However, what matters most to markets will be the messages delivered by Fed Chair Kevin Warsh following the rate decision. 🔹 Bitcoin opened the new day above $80,000. 🔹 Bitcoin ETFs experienced their second consecutive day of net inflows. On Tuesday, $176 million flowed in, with $151.5 million coming from BlackRock. 📈 On Wall Street, interest continues to focus on artificial intelligence and semiconductor stocks. 📌 Today, Microsoft and Alphabet will also release their earnings reports. Markets are particularly curious to see how much of the companies’ massive AI investments are translating into revenue. In short, both the Fed’s statements and the earnings reports from tech giants will be crucial in determining market direction today.

📉 The Central Bank announced its interest rate decision for October! TCMB lowered the policy rate by 100 basis points, from 37% to 36%, in line with market expectations. It was estimated that, absent a funding crisis, the rate could have been cut by 200 basis points to 35%. https://t.co/zlRsN7oM9r

🚨 Things aren’t going well in global markets! 📈 Wall Street’s fear index, the VIX, rose to 21.31, reaching its highest level in four months. 📉 Selling pressure is accelerating on the Nasdaq, with tech stocks under significant strain. 📊 In the U.S., today’s PPI data came in above expectations, following yesterday’s CPI release— inflation is rearing its head again. ⛽ To make matters worse, global diesel shortages are now a major concern. Diesel prices have hit record highs, and supply issues could persist until 2027. The market outlook is far from encouraging. Let’s see what lies ahead in the coming days. 👀

🚨 Bad news continues to pour in from the inflation front in the U.S.! Yesterday’s CPI was released, and today’s PPI came in above expectations. 📊 U.S. PPI (September) 📌 Annual PPI: 6.3% (Expected: 5.3%) 📌 Annual Core PPI: 5.0% (Expected: 4.4%) The rise in producer prices is particularly striking. This data could strengthen the case for the Fed to pursue further interest rate hikes. Under normal circumstances, these figures are not positive for Bitcoin or U.S. stock markets.

🚨 U.S. inflation came in above expectations. 📌 CPI (Annual): 3.7% (Expected: 3.6% | Previous: 3.4%) 📌 Core CPI (Annual): 2.6% (Expected: 2.5% | Previous: 2.4%) Both headline and core inflation exceeded expectations. This data could strengthen expectations that the Fed may keep interest rates elevated for longer—or even raise them again if necessary. It would not be surprising to see an initial rally in the U.S. dollar and Treasury yields, alongside selling pressure in Bitcoin and equities.

📊 Today, the markets are focused on the U.S. inflation data, a critical day for expectations surrounding the Fed’s interest rate decision at month-end. 📌 Boston Fed President Susan Collins stated she expects some further rate increases before the end of the year. 📌 The U.S. CPI data, to be released at 15:30, is forecast to show annual inflation rising from 3.4% to between 3.6% and 3.7%. A reading above expectations could strengthen the view that the Fed may resume rate hikes. In this scenario, the dollar and U.S. Treasury yields could rise, while Bitcoin and equities may face short-term pressure. A reading below expectations could ease rate pressures and create a more favorable environment for risk assets.

🚨 Today, markets will be focused on two critical developments coming from the U.S. 📌 First, at around 20:00 CET, the U.S. will hold its 10-year Treasury auction. The U.S. Treasury will issue $39 billion in 10-year notes. With U.S. Treasury yields recently testing their highest levels since 2002 at 5.34%, demand for this auction has become even more significant. If foreign investor demand remains weak, we could see further upward pressure on Treasury yields. Such a scenario may exert downward pressure on gold, the euro, and Bitcoin in the short term. 📌 Then, at 21:00 CET, the Fed’s meeting minutes will be released. We’ll gain insight into how Fed members viewed interest rates during their most recent meeting. Recent weak employment data has caused market expectations for an October rate hike to retreat to just 20.5%. What markets are most eager to learn is whether Fed members plan to continue raising rates going forward—or whether they’ll prefer to pause. Currently, expectations for the next rate move have largely shifted to December.

🇺🇸 U.S. CPI data came in slightly above expectations. 📌 CPI (Annual): 5.4% (Expectation: 5.3%) 📌 Core CPI (Annual): 4.6% (Expectation: 4.6%) 📊 According to FedWatch data, markets currently price in: 🔹 25-basis-point rate hike: 64.2% 🔹 Hold rates steady: 35.8% 💭 All eyes are now on tomorrow’s U.S. PCE data, which will likely determine the primary market pricing.

💻 $LAPTOP installation completed... Are you ready to lose your money? 😊 The laptop allegedly abandoned by Hunter Biden for repairs in 2019 and never retrieved became a major political controversy ahead of the 2020 U.S. presidential election. Now, a memecoin named $LAPTOP, after that incident, has been launched. I wondered if there was any demand—but apparently, there is. 😊 🐳 One wallet purchased 919.4 $LAPTOP tokens by spending 200,000 USDC, at an average cost of $217.50. However, approximately 50 minutes later, the token price dropped to $4.40, resulting in an unrealized loss of nearly $196,000.

Nothing has changed in the altcoin market. While some tokens that have been delisted, added to the watchlist, or are expected to be added have seen sharp rallies, many altcoins continue to trade sideways. 📌 Other Market Developments 🔹 Uncertainty surrounding the CLARITY Act persists; its schedule in the Senate has not been clarified. 🔹 BTC and ETH spot ETFs recorded net inflows as of August 5: • BTC: +$244.42 million • ETH: +$60.86 million • XRP: -$3.58 million 🔹 Strategy temporarily paused Bitcoin purchases, prioritizing its preferred equities. 🔹 Fed officials signaled that interest rate hikes could return if inflation risks persist. 🔹 Despite strong financials, AMD shares declined approximately 6.6% after missing expectations. 🔹 SpaceX lost about 8% in value despite reporting record revenue, due to high investments in Starlink and artificial intelligence. 🔹 Second-quarter earnings growth for S&P 500 companies is expected at 31%, while the technology sector is projected to see around 72% growth. 🔹 China has seen 14 consecutive days of uninterrupted inflows into gold ETFs; spurred by the People’s Bank of China’s purchases, the price of an ounce of gold rose above $4,200, reaching its highest level in six weeks.