$BTC
NEW INFORMATION: Two BIG economic shocks just occurred in the US — the market is preparing for fluctuations.
Below are the causes of the shock:
1️⃣ Inflation Update – Core PCE
➡️ 2.5% (this quarter) compared to 3.5% (previous quarter)
➡️ Still higher than forecast (2.3%)
📌 Interpretation: Inflation is cooling down… but the Federal Reserve has not yet backed down.
2️⃣ GDP Surprise – Q2 Growth
➡️ 3.0%** (strong recovery compared to **-0.5% last quarter)
📌 The economy has just shown *very strong* — resilience has been confirmed.
📈 What’s next?
The market is *worried*. Fed rate cut? Hold steady? Stocks, cryptocurrencies, gold — all are ready for volatility.