#CPIWatch ๐Ÿ“‰๐Ÿ“ˆ โ€” Inflation Data Sends Shockwaves

๐Ÿ“Œ Latest Update:

US CPI comes in at 2.7% vs 2.8% expected โ€” a small dip but a big deal for markets ๐Ÿ“Š.

Bitcoin whipsaws from $122k โžก๏ธ $119k in hours.

Traders loading up on short-dated BTC puts (115kโ€“118k strike) anticipating volatility.

๐Ÿ’ก Why It Matters:

Lower CPI increases odds of a Fed rate cut in September ๐Ÿฆ.

Crypto could see another bullish push if Fed policy loosens.

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