๐ฅ Hot #PI Cools #Bitcoin Rally ๐ฅ
June inflation came in hotter than expected at 2.7% YoY, shaking markets and slashing Fed rate cut hopes.
๐ $BTC dropped 3% instantly
๐ Rate cut odds for July <15%
Higher CPI = stronger USD = pressure on crypto.
With #PI data next, expect more volatility.
Key support: $116K โ buckle up, the Fedโs next move could shake the markets again.