🚨 US INFLATION DATA HITS — CRYPTO BRACING FOR VOLATILITY! 📊🔥
🕰 DATA RECAP (May CPI):
Core CPI (MoM): 0.3% (hotter than 0.2% previous)
CPI (MoM): 0.2% (unchanged)
CPI (YoY): 2.5% (higher than 2.3% previous)
10-Year Treasury Auction: 4.342% (elevated yield)
📊 WHAT THIS MEANS:
1️⃣ Inflation remains sticky:
Core CPI rising again → Fed won’t rush to cut rates.
Market hopes for rate cuts are fading, which may hit risk-on assets like crypto.
2️⃣ Stable headline CPI MoM:
The monthly CPI holding steady means no "crash" or "soft landing" narrative yet.
Fed likely to stay patient → uncertainty fuels market chop.
3️⃣ 10-Year yields staying high:
High bond yields = attractive safe haven for institutions.
Liquidity may rotate out of riskier markets like altcoins.
🎯 IMPACT ON CRYPTO:
BTC will likely face short-term pressure.
$108k area remains heavy resistance — breakout unlikely without major catalyst.
Altcoins may lag further as liquidity stays cautious.
Watch for whale-driven volatility traps as markets digest macro data.