Stocks Pump on Rate Cut Buzz, But Crypto’s Playing It Cool Before CPI Drama 👀
Hey, so equities are on a roll after last Friday’s jobs report bombed—only 22k new hires added in August, way under the 75k folks expected. This snaps a 53-month job growth streak that started cracking back in June, pushing bond yields down (2-year Treasuries at yearly lows) and betting on 72 basis points of Fed rate cuts this year. But crypto? It’s not joining the party, just chilling sideways even as stocks bounce and gold hits new highs. Some see this as bearish vibes, with traders snapping up put options for September, but others call it crypto toughness—Bitcoin’s holding above $110k despite getting snubbed from the S&P 500, and Ethereum’s steady over $4,250 even with ETF money flowing out for five days straight. The real story seems to be everyone’s on edge for Thursday’s US inflation data (CPI expected at 0.3%). Volatility’s high and won’t chill till after that report. A hotter-than-expected print could mess with rate cut plans, maybe thanks to tariffs, but it’s not super likely, and Trump probably won’t crank up trade wars in this shaky economy. Overall, crypto looks solid with no big shakes coming soon. Watch for Wednesday’s PPI and Thursday’s CPI plus jobless claims.
I dig the analysis—crypto’s sideways grind does feel like smart caution rather than weakness, especially with BTC and ETH shrugging off bad news like pros. The Fed’s cut signals are a tailwind for risk assets, but yeah, that CPI could throw a curveball if it’s spicy. Still, I’m bullish on crypto’s support levels holding; it’s decoupled enough from stocks to weather this without much drama. No need to panic-buy or sell—just keep an eye on those data drops!
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