Bitcoin just broke below $75,000 — and the timing couldn't be more significant. 👀
New Fed Chair Kevin Warsh was sworn in today, and on his very first day, the macro data is anything but friendly:
📉 Consumer Sentiment hit an ALL-TIME LOW of 44.8
📈 1-Year Inflation Expectations jumped to 4.8%
🔴 Rate HIKE odds now above 70% for year-end
🟠 Bitcoin sliding to $74,720 — monthly lows
The market was expecting rate cuts. The data is screaming the opposite.
Next key support zones to watch:
👉 $71,000 — $73,000
👉 $65,000 (deeper support if weakness continues)
This is not just a Bitcoin story — ETH, SOL, and XRP are all down harder on a percentage basis.
Stagflation fears are real. Watch the Fed closely. 🧐
Not financial advice — always DYOR 🙏
#bitcoin #BTC #crypto #FederalReserve #Stagflation #CryptoNews