🤯 CPI hits 2.7% and markets are celebrating…
For crypto, the logic is simple:
• Softer CPI fuels expectations of rate cuts
• Rate cut expectations revive the liquidity story
• More liquidity = 🚀 BTC / SOL / risk-on assets
But here’s the reality check:
Energy and goods prices eased, while services inflation remains stubborn. This isn’t a true Fed pivot — it’s more like a green light for speculation.
Crypto doesn’t trade grocery prices, it trades liquidity 😅
#CPI #Crypto #SOL$BTC
BTC
88,494.98
+1.90%
SOL
126.3
+2.70%