CPI came in at 3.3% (hotter than expected), but core inflation cooled, giving markets a reason to breathe. Bitcoin is holding strong near $72.8K, up 9.4% on the week.
Institutional demand is real — Morgan Stanley just launched its own spot Bitcoin ETF (MSBT) with a 0.14% fee. Spot ETFs saw $343M in net inflows on April 9 alone. That demand crushed short sellers, triggering $223M in total liquidations ($152M in BTC shorts).
Altcoins are rotating hard — AI tokens leading the charge. RaveDAO (RAVE) exploded +199.4%, Magma Finance (MAGMA) +61.7%.
Oil dipped back below $100, easing inflation fears, while a fragile US‑Iran ceasefire keeps geopolitics on watch.
Technical signal: only 59% of BTC supply is in profit — historically a bearish zone, yet price is holding. Divergence worth watching.
👇 Buying the strength or waiting for a pullback?