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zenkoi
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June CPI Data Release: US Inflation Hits Highest Level Since 2023, Bitcoin Spikes to 62kThe Consumer Price Index (CPI) data for the United States for June has officially dropped, triggering high volatility across various financial instruments, from stocks and bonds to crypto assets. The latest report from Sanbase analytics platform shows that this inflation figure aligns with market consensus expectations but still sets a new record over the past year.
This macroeconomic data release has sparked intense debate among market players regarding the direction of the Federal Reserve's interest rate policy moving forward.
June CPI Data Release: US Inflation Hits Highest Level Since 2023, Bitcoin Spikes to 62k
The Consumer Price Index (CPI) data for the United States for June has officially dropped, triggering high volatility across various financial instruments, from stocks and bonds to crypto assets. The latest report from Sanbase analytics platform shows that this inflation figure aligns with market consensus expectations but still sets a new record over the past year.
This macroeconomic data release has sparked intense debate among market players regarding the direction of the Federal Reserve's interest rate policy moving forward.
This macroeconomic data release has sparked intense debate among market players regarding the direction of the Federal Reserve's interest rate policy moving forward.
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Surprise Rebranding! Toncoin Officially Renamed to GRAM as of June 15Big news is coming from one of the fastest-growing blockchains this year, the TON Ecosystem. According to an official announcement released by BSCN, the proposal to rebrand Toncoin to GRAM has been officially approved by the community through a landslide vote.
This bold move is expected to have a huge psychological effect on the market price action of the asset in the coming days.
Here are the key points behind the major change from TON to GRAM:
Surprise Rebranding! Toncoin Officially Renamed to GRAM as of June 15
Big news is coming from one of the fastest-growing blockchains this year, the TON Ecosystem. According to an official announcement released by BSCN, the proposal to rebrand Toncoin to GRAM has been officially approved by the community through a landslide vote.
This bold move is expected to have a huge psychological effect on the market price action of the asset in the coming days.
Here are the key points behind the major change from TON to GRAM:
This bold move is expected to have a huge psychological effect on the market price action of the asset in the coming days.
Here are the key points behind the major change from TON to GRAM:
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{future}(BTCUSDT)
$RAY
{spot}(RAYUSDT)
โ ๏ธALERT: DEX Raydium exploited for $1.3 MILLION.
The attacker manipulated a fake tokenโs supply to withdraw real assets, draining legacy liquidity pools in the process.
The attacker manipulated a fake token supply to drain five legacy pools, stealing approximately 150,177 RAY, 5,603 SOL and 893,700 USDC.
Raydium says current users were not affected and the pools were inaccessible through its UI.
$RAY
โ ๏ธALERT: DEX Raydium exploited for $1.3 MILLION.
The attacker manipulated a fake tokenโs supply to withdraw real assets, draining legacy liquidity pools in the process.
The attacker manipulated a fake token supply to drain five legacy pools, stealing approximately 150,177 RAY, 5,603 SOL and 893,700 USDC.
Raydium says current users were not affected and the pools were inaccessible through its UI.
โ ๏ธALERT: DEX Raydium exploited for $1.3 MILLION.
The attacker manipulated a fake tokenโs supply to withdraw real assets, draining legacy liquidity pools in the process.
The attacker manipulated a fake token supply to drain five legacy pools, stealing approximately 150,177 RAY, 5,603 SOL and 893,700 USDC.
Raydium says current users were not affected and the pools were inaccessible through its UI.
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Raydium DEX Hit by $1.34 Million Exploit, Team Ready to Compensate Using Treasury FundsNot-so-great news has hit the decentralized finance (DeFi) ecosystem again. The leading decentralized exchange (DEX) on the Solana network, Raydium, reportedly just faced a security exploit that resulted in a loss of $1.34 million.
Even though this incident raised some red flags among users, the dev team acted quickly to regain control of the situation and assured the safety of customer funds.
Here are the crucial points regarding the Raydium hack and the steps taken to address it:
Raydium DEX Hit by $1.34 Million Exploit, Team Ready to Compensate Using Treasury Funds
Not-so-great news has hit the decentralized finance (DeFi) ecosystem again. The leading decentralized exchange (DEX) on the Solana network, Raydium, reportedly just faced a security exploit that resulted in a loss of $1.34 million.
Even though this incident raised some red flags among users, the dev team acted quickly to regain control of the situation and assured the safety of customer funds.
Here are the crucial points regarding the Raydium hack and the steps taken to address it:
Even though this incident raised some red flags among users, the dev team acted quickly to regain control of the situation and assured the safety of customer funds.
Here are the crucial points regarding the Raydium hack and the steps taken to address it:
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Ethereum Retail Activity Drops as Institutions Accumulate: Is Demand Shifting?$
The landscape of Ethereum (ETH) asset ownership seems to be undergoing a significant structural shift. The latest market report from AMBCrypto highlights a stark contrast between the trading activity of small retail investors and the movements of large institutional investors and whales within the network.
This phenomenon raises a big question among market watchers: is the demand for Ethereum starting to mature?
Here are the crucial on-chain data details that underpin this trend shift:
Ethereum Retail Activity Drops as Institutions Accumulate: Is Demand Shifting?
$
The landscape of Ethereum (ETH) asset ownership seems to be undergoing a significant structural shift. The latest market report from AMBCrypto highlights a stark contrast between the trading activity of small retail investors and the movements of large institutional investors and whales within the network.
This phenomenon raises a big question among market watchers: is the demand for Ethereum starting to mature?
Here are the crucial on-chain data details that underpin this trend shift:
The landscape of Ethereum (ETH) asset ownership seems to be undergoing a significant structural shift. The latest market report from AMBCrypto highlights a stark contrast between the trading activity of small retail investors and the movements of large institutional investors and whales within the network.
This phenomenon raises a big question among market watchers: is the demand for Ethereum starting to mature?
Here are the crucial on-chain data details that underpin this trend shift:
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What Happens If XRP Drops Below $1? Ethereum Reversal Signals and Total Reset $
The crypto market is back in a critical phase with three major assetsโXRP, Ethereum (ETH), and Cardano (ADA)โshowing some significant technical movements. The latest market report from U.Today discusses the strength map of these top altcoins amid ongoing macro volatility.
Hereโs a summary of key points regarding the technical analysis and movement predictions for these three assets:
1. Impact If XRP Breaks Below $1
XRP keeps showing a bearish trend after breaking through that crucial support area around $1.30. Right now, XRP's price has dipped to the range of $1.11 to $1.18, and selling volume is on the rise.
What Happens If XRP Drops Below $1? Ethereum Reversal Signals and Total Reset
$
The crypto market is back in a critical phase with three major assetsโXRP, Ethereum (ETH), and Cardano (ADA)โshowing some significant technical movements. The latest market report from U.Today discusses the strength map of these top altcoins amid ongoing macro volatility.
Hereโs a summary of key points regarding the technical analysis and movement predictions for these three assets:
1. Impact If XRP Breaks Below $1
XRP keeps showing a bearish trend after breaking through that crucial support area around $1.30. Right now, XRP's price has dipped to the range of $1.11 to $1.18, and selling volume is on the rise.
The crypto market is back in a critical phase with three major assetsโXRP, Ethereum (ETH), and Cardano (ADA)โshowing some significant technical movements. The latest market report from U.Today discusses the strength map of these top altcoins amid ongoing macro volatility.
Hereโs a summary of key points regarding the technical analysis and movement predictions for these three assets:
1. Impact If XRP Breaks Below $1
XRP keeps showing a bearish trend after breaking through that crucial support area around $1.30. Right now, XRP's price has dipped to the range of $1.11 to $1.18, and selling volume is on the rise.
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Unverified content
CAKE Token Officially Deflationary! PancakeSwap Incinerates $1 Million Worth of Supply$XRP
Great news for CAKE token holders! The giant decentralized exchange (DEX), PancakeSwap, has just completed its massive weekly token burn process. This move successfully slashed the circulating supply of tokens in the market permanently.
This regular burn is a solid testament to PancakeSwap's commitment to maintaining scarcity and boosting the economic value of their primary token.
Here are the details of the weekly CAKE burn you need to know:
CAKE Token Officially Deflationary! PancakeSwap Incinerates $1 Million Worth of Supply
$XRP
Great news for CAKE token holders! The giant decentralized exchange (DEX), PancakeSwap, has just completed its massive weekly token burn process. This move successfully slashed the circulating supply of tokens in the market permanently.
This regular burn is a solid testament to PancakeSwap's commitment to maintaining scarcity and boosting the economic value of their primary token.
Here are the details of the weekly CAKE burn you need to know:
Great news for CAKE token holders! The giant decentralized exchange (DEX), PancakeSwap, has just completed its massive weekly token burn process. This move successfully slashed the circulating supply of tokens in the market permanently.
This regular burn is a solid testament to PancakeSwap's commitment to maintaining scarcity and boosting the economic value of their primary token.
Here are the details of the weekly CAKE burn you need to know:
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U.S. Federal Prosecutors Investigate Three Banking Giants Over Mass Account Blocking CaseA shocking legal move comes from U.S. law enforcement authorities. Federal prosecutors have reportedly issued a subpoena to the three largest banking institutions in the U.S., namely JPMorgan Chase, Bank of America, and Wells Fargo.
This intensive investigation is aimed at uncovering allegations of debanking practices or the unilateral and arbitrary closure of customer accounts involving those three banking giants.
Here are the crucial points from this federal investigation:
U.S. Federal Prosecutors Investigate Three Banking Giants Over Mass Account Blocking Case
A shocking legal move comes from U.S. law enforcement authorities. Federal prosecutors have reportedly issued a subpoena to the three largest banking institutions in the U.S., namely JPMorgan Chase, Bank of America, and Wells Fargo.
This intensive investigation is aimed at uncovering allegations of debanking practices or the unilateral and arbitrary closure of customer accounts involving those three banking giants.
Here are the crucial points from this federal investigation:
This intensive investigation is aimed at uncovering allegations of debanking practices or the unilateral and arbitrary closure of customer accounts involving those three banking giants.
Here are the crucial points from this federal investigation:
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Giant Whale of Cardano Suddenly Awakens After Charles Hoskinson's "Control the World" Statement, Rebound Signal?Mysterious movements have been detected on the Cardano ($ADA) network. Dormant wallets that haven't been active for years suddenly woke up and started moving their assets in large amounts. This spike in activity was noted after the founder, Charles Hoskinson, reemerged in public on June 8 with his controversial statement claiming that Cardano has the potential to "control the world."
On-chain data is showing some major anomalies that often signal early trend shifts in price. Here are the crucial points you need to keep an eye on:
Giant Whale of Cardano Suddenly Awakens After Charles Hoskinson's "Control the World" Statement, Rebound Signal?
Mysterious movements have been detected on the Cardano ($ADA ) network. Dormant wallets that haven't been active for years suddenly woke up and started moving their assets in large amounts. This spike in activity was noted after the founder, Charles Hoskinson, reemerged in public on June 8 with his controversial statement claiming that Cardano has the potential to "control the world."
On-chain data is showing some major anomalies that often signal early trend shifts in price. Here are the crucial points you need to keep an eye on:
On-chain data is showing some major anomalies that often signal early trend shifts in price. Here are the crucial points you need to keep an eye on:
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Market Bloodbath! Wall Street Crashes at Session's End, Nasdaq Takes the Biggest Hit, Down 2%The US stock market (Wall Street) closed in the red after facing heavy sell pressure towards the end of the trading session. No holding back, the tech-heavy **Nasdaq led the fall, crashing by 2%**.
This sharp correction dragged other major indices into the red zone, triggering fears of a mass panic (*market panic*) among global investors.
Here are the closing market details and the factors behind it:
**1. Red Report for the Three Major Wall Street Indices**
Market Bloodbath! Wall Street Crashes at Session's End, Nasdaq Takes the Biggest Hit, Down 2%
The US stock market (Wall Street) closed in the red after facing heavy sell pressure towards the end of the trading session. No holding back, the tech-heavy **Nasdaq led the fall, crashing by 2%**.
This sharp correction dragged other major indices into the red zone, triggering fears of a mass panic (*market panic*) among global investors.
Here are the closing market details and the factors behind it:
**1. Red Report for the Three Major Wall Street Indices**
This sharp correction dragged other major indices into the red zone, triggering fears of a mass panic (*market panic*) among global investors.
Here are the closing market details and the factors behind it:
**1. Red Report for the Three Major Wall Street Indices**
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Verified
Helius Acquires Light Protocol: Set to Launch Cutting-Edge Privacy Infrastructure on Solana!The Solana ecosystem is making waves again in the infrastructure space. **Helius**, the largest developer platform in Solana, has officially announced the acquisition of **Light Protocol** to advance and expand privacy solutions on the network.
This strategic move is expected to reshape the game for developers of decentralized applications (dApps) that require high-level privacy on Solana.
Here are the key points you need to know:
Helius Acquires Light Protocol: Set to Launch Cutting-Edge Privacy Infrastructure on Solana!
The Solana ecosystem is making waves again in the infrastructure space. **Helius**, the largest developer platform in Solana, has officially announced the acquisition of **Light Protocol** to advance and expand privacy solutions on the network.
This strategic move is expected to reshape the game for developers of decentralized applications (dApps) that require high-level privacy on Solana.
Here are the key points you need to know:
This strategic move is expected to reshape the game for developers of decentralized applications (dApps) that require high-level privacy on Solana.
Here are the key points you need to know:
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Verified
Oracle Shares Plunge 5% After Market Close: Sentiment Pressure from AI SpendingLatest news from the US stock exchange shows that shares of **Oracle Corporation (ORCL.N)** have taken a sharp dive of over 5% in after-hours trading. This bearish movement happened just after the closing bell of official Wall Street trading.
This sudden correction has grabbed the attention of market players, especially since it occurred amid the momentum of the company's quarterly earnings report release.
Here are the key points behind the drop in Oracle shares:
Oracle Shares Plunge 5% After Market Close: Sentiment Pressure from AI Spending
Latest news from the US stock exchange shows that shares of **Oracle Corporation (ORCL.N)** have taken a sharp dive of over 5% in after-hours trading. This bearish movement happened just after the closing bell of official Wall Street trading.
This sudden correction has grabbed the attention of market players, especially since it occurred amid the momentum of the company's quarterly earnings report release.
Here are the key points behind the drop in Oracle shares:
This sudden correction has grabbed the attention of market players, especially since it occurred amid the momentum of the company's quarterly earnings report release.
Here are the key points behind the drop in Oracle shares:
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Bitcoin, Stablecoins, and Tokenization: Three Crypto Pillars Gaining Attention from Financial Advisors WorldwideThe Chief Investment Officer (CIO) of Bitwise recently shared important insights on the trend shift among traditional financial advisors. Digital assets are no longer overlooked; they're being integrated into modern portfolio strategies through three main pillars: Bitcoin, stablecoins, and the tokenization of real-world assets (RWA).
Why have these three sectors suddenly become the main focus for big fund managers? Here are the crucial points:
**1. Bitcoin as a Legit Macroeconomic Asset**
Bitcoin, Stablecoins, and Tokenization: Three Crypto Pillars Gaining Attention from Financial Advisors Worldwide
The Chief Investment Officer (CIO) of Bitwise recently shared important insights on the trend shift among traditional financial advisors. Digital assets are no longer overlooked; they're being integrated into modern portfolio strategies through three main pillars: Bitcoin, stablecoins, and the tokenization of real-world assets (RWA).
Why have these three sectors suddenly become the main focus for big fund managers? Here are the crucial points:
**1. Bitcoin as a Legit Macroeconomic Asset**
Why have these three sectors suddenly become the main focus for big fund managers? Here are the crucial points:
**1. Bitcoin as a Legit Macroeconomic Asset**
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Wall Street Infrastructure Ready for SpaceX IPO, Whatโs the Impact on the Crypto Market?News about Elon Musk's SpaceX IPO plans seems to be more than just empty rumors. Major stock exchanges and financial institutions on Wall Street are reportedly gearing up their technical and regulatory infrastructure to welcome one of the most anticipated IPOs of the century.
This move by traditional financial giants is definitely going to create a significant domino effect on global liquidity flows, including the digital asset market.
Here are some key points to keep an eye on:
Wall Street Infrastructure Ready for SpaceX IPO, Whatโs the Impact on the Crypto Market?
News about Elon Musk's SpaceX IPO plans seems to be more than just empty rumors. Major stock exchanges and financial institutions on Wall Street are reportedly gearing up their technical and regulatory infrastructure to welcome one of the most anticipated IPOs of the century.
This move by traditional financial giants is definitely going to create a significant domino effect on global liquidity flows, including the digital asset market.
Here are some key points to keep an eye on:
This move by traditional financial giants is definitely going to create a significant domino effect on global liquidity flows, including the digital asset market.
Here are some key points to keep an eye on:
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New Breakthrough from Anthropic! Claude Fable 5 Officially Released, Ready to Disrupt Competitor Dominance?The AI game is heating up again! Anthropic just officially launched their latest AI model, Claude Fable 5. This one, categorized as "Mythos-class," has suddenly become the talk of the town and is dominating discussions across social media because it promises an incredible leap in capabilities for everyday users.
What are the crucial points from the launch of Claude Fable 5 that everyone is buzzing about? Hereโs a quick rundown:
1. Higher Performance & Tight Security
New Breakthrough from Anthropic! Claude Fable 5 Officially Released, Ready to Disrupt Competitor Dominance?
The AI game is heating up again! Anthropic just officially launched their latest AI model, Claude Fable 5. This one, categorized as "Mythos-class," has suddenly become the talk of the town and is dominating discussions across social media because it promises an incredible leap in capabilities for everyday users.
What are the crucial points from the launch of Claude Fable 5 that everyone is buzzing about? Hereโs a quick rundown:
1. Higher Performance & Tight Security
What are the crucial points from the launch of Claude Fable 5 that everyone is buzzing about? Hereโs a quick rundown:
1. Higher Performance & Tight Security
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Verified
Gold Price Prediction Plummets 3.5% Due to Inflation Hitting Highest Level Since 2023The global commodities market was rocked by a sharp correction in gold prices. According to the latest reports, gold price predictions indicate a drop of 3.5% after macroeconomic data showed inflation soaring to its highest level since 2023.
How can this inflation spike actually pressure gold prices, which have long been known as a *safe haven* asset? Here are the key points:
**1. Pressure from Rising Interest Rates**
Traditionally, gold is seen as a hedge against inflation. However, when inflation spikes too high, Central Banks (like The Fed) tend to take aggressive action by raising or maintaining high interest rates (*higher for longer*). High interest rates boost the appeal of yield-bearing assets (like bonds), thereby dampening the allure of gold, which doesnโt provide interest returns.
Gold Price Prediction Plummets 3.5% Due to Inflation Hitting Highest Level Since 2023
The global commodities market was rocked by a sharp correction in gold prices. According to the latest reports, gold price predictions indicate a drop of 3.5% after macroeconomic data showed inflation soaring to its highest level since 2023.
How can this inflation spike actually pressure gold prices, which have long been known as a *safe haven* asset? Here are the key points:
**1. Pressure from Rising Interest Rates**
Traditionally, gold is seen as a hedge against inflation. However, when inflation spikes too high, Central Banks (like The Fed) tend to take aggressive action by raising or maintaining high interest rates (*higher for longer*). High interest rates boost the appeal of yield-bearing assets (like bonds), thereby dampening the allure of gold, which doesnโt provide interest returns.
How can this inflation spike actually pressure gold prices, which have long been known as a *safe haven* asset? Here are the key points:
**1. Pressure from Rising Interest Rates**
Traditionally, gold is seen as a hedge against inflation. However, when inflation spikes too high, Central Banks (like The Fed) tend to take aggressive action by raising or maintaining high interest rates (*higher for longer*). High interest rates boost the appeal of yield-bearing assets (like bonds), thereby dampening the allure of gold, which doesnโt provide interest returns.
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Could the XRP Escrow Supply Run Out Soon? Here's What Ripple's Exec Has to SayThe issue surrounding Ripple's reserve fund (escrow) often sparks heated debates among XRP investors. Many are curious, with billions of tokens being released to the market every month, how much longer will the remaining supply in escrow actually last?
Former Ripple Developer Relations Director, Matt Hamilton, recently provided a comprehensive explanation to clear up market misunderstandings regarding the escrow mechanism of XRP.
Here are the key points you need to grasp:
Could the XRP Escrow Supply Run Out Soon? Here's What Ripple's Exec Has to Say
The issue surrounding Ripple's reserve fund (escrow) often sparks heated debates among XRP investors. Many are curious, with billions of tokens being released to the market every month, how much longer will the remaining supply in escrow actually last?
Former Ripple Developer Relations Director, Matt Hamilton, recently provided a comprehensive explanation to clear up market misunderstandings regarding the escrow mechanism of XRP.
Here are the key points you need to grasp:
Former Ripple Developer Relations Director, Matt Hamilton, recently provided a comprehensive explanation to clear up market misunderstandings regarding the escrow mechanism of XRP.
Here are the key points you need to grasp:
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Verified
Impact of Elon Musk's SpaceX IPO: A New Negative Sentiment for Bitcoin?Crypto is back in the news with major corporate updates that could shake up global capital flows. Analysts are saying that Elon Musk's SpaceX going for an IPO could be a headwind for Bitcoin (BTC) prices.
How could this decision impact crypto market liquidity? Here are the key points:
**1. Global Liquidity Shift**
SpaceX is one of the most valuable private companies in the world. When they officially hit the traditional stock market, this event will draw massive interest from both institutional and retail investors. Analysts are worried that some of the capital currently parked in Bitcoin or Spot Bitcoin ETFs will see outflows to fund SpaceX's IPO.
Impact of Elon Musk's SpaceX IPO: A New Negative Sentiment for Bitcoin?
Crypto is back in the news with major corporate updates that could shake up global capital flows. Analysts are saying that Elon Musk's SpaceX going for an IPO could be a headwind for Bitcoin (BTC) prices.
How could this decision impact crypto market liquidity? Here are the key points:
**1. Global Liquidity Shift**
SpaceX is one of the most valuable private companies in the world. When they officially hit the traditional stock market, this event will draw massive interest from both institutional and retail investors. Analysts are worried that some of the capital currently parked in Bitcoin or Spot Bitcoin ETFs will see outflows to fund SpaceX's IPO.
How could this decision impact crypto market liquidity? Here are the key points:
**1. Global Liquidity Shift**
SpaceX is one of the most valuable private companies in the world. When they officially hit the traditional stock market, this event will draw massive interest from both institutional and retail investors. Analysts are worried that some of the capital currently parked in Bitcoin or Spot Bitcoin ETFs will see outflows to fund SpaceX's IPO.
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Ethereum on the Verge? Analysts Warn of Breakdown Risk for ETH Below $1,500! ๐๐จAfter facing relentless sell pressure over the past few weeks, the price prediction for Ethereum (ETH) now hovers under the shadow of a rather extreme bearish scenario. Having failed to maintain several key psychological levels, technical analysts are starting to see a real risk of ETH dropping below the $1,500 mark (sub-1.5k breakdown).
For those holding spot or looking for setups in the futures market, let's dive into the technical indicators and critical liquidity zones for Ethereum right now!
Ethereum on the Verge? Analysts Warn of Breakdown Risk for ETH Below $1,500! ๐๐จ
After facing relentless sell pressure over the past few weeks, the price prediction for Ethereum (ETH) now hovers under the shadow of a rather extreme bearish scenario. Having failed to maintain several key psychological levels, technical analysts are starting to see a real risk of ETH dropping below the $1,500 mark (sub-1.5k breakdown).
For those holding spot or looking for setups in the futures market, let's dive into the technical indicators and critical liquidity zones for Ethereum right now!
For those holding spot or looking for setups in the futures market, let's dive into the technical indicators and critical liquidity zones for Ethereum right now!
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Bitcoin is Called 'Cheap', Grayscale Flags Golden Opportunity to Scoop Up BTC! ๐ช๐Is Bitcoin (BTC) currently touching its bottom? For those waiting for the perfect moment to enter the market, the global asset management giant, Grayscale, just released a crucial report stating that Bitcoin is currently in a very 'cheap' zone, triggering a massive buying opportunity!
Let's dive into the metrics and data behind this big institution's analysis to sharpen our trading strategies!
1. On-Chain Metrics Show Bitcoin is in the Discount Zone
Bitcoin is Called 'Cheap', Grayscale Flags Golden Opportunity to Scoop Up BTC! ๐ช๐
Is Bitcoin (BTC) currently touching its bottom? For those waiting for the perfect moment to enter the market, the global asset management giant, Grayscale, just released a crucial report stating that Bitcoin is currently in a very 'cheap' zone, triggering a massive buying opportunity!
Let's dive into the metrics and data behind this big institution's analysis to sharpen our trading strategies!
1. On-Chain Metrics Show Bitcoin is in the Discount Zone
Let's dive into the metrics and data behind this big institution's analysis to sharpen our trading strategies!
1. On-Chain Metrics Show Bitcoin is in the Discount Zone
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USCPISurgesToThreeYearHighOf4.2%
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Urgent โผ๏ธ
CPI Data put ๐จ$BTC is reacting as predicted ๐ฅ
Just 5 hours ago before the Data Release I told everyone that Crypto has already given a strong reaction before the release ..Panic Risk -Off phase is complete and Btc is down at 60k ..So now even a slightly Soft News can cause a strong bounce
Now you can see BTC has bounced hitting 63,000 Almost 3000 Points up form 60k demand again ..
I told everyone to buy in spot only and that too not all once ... Still I will recommend keep booking partial profit and treat it as a swing trade ..
Don't jump for leverage trading before confirmation .I will definitely post after confirmation
I'm leaning towards spot trading more at the moment
Headline CPI data came 4.2% as expected and core CPI data came 2.9% as expected so it was neutral overall . However it is Higher than previous data which was 3.8% so inflation is Rising .
Congratulations ๐๐๐ We discussed everything in detail in our last class ..I hope you Listened
Now wait for my confirmation before doing leverage trading .
$ETH $SOL
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