US CPI lands in line, $BTC shakes it off.
By Maxime Laurent · 2025-09-11 14:01
US CPI lands in line, $BTC shakes it off. 📉➡️📈
Fresh macro data just dropped:
CPI YoY at 2.9% (as expected, but higher than last month’s 2.7%).
CPI MoM at 0.4% (above forecast of 0.3%).
Core CPI YoY locked at 3.1%.
Jobless claims hit 263K (well above expectations).
Translation? Inflation’s sticky, job market looks softer. Normally, ça met un peu de pression on risk assets.
And indeed, one Bybit whale got liquidated on a $5M BTC long, sending $BTC tumbling to 113,430. But here’s the twist — instead of spiraling, Bitcoin snapped back quickly and is already grinding higher.
This kind of resilience is what keeps me bullish: even when macro throws cold water, the market shrugs it off like a Mediterranean sunburn. The vibes feel like accumulation, not capitulation. 🌊
#Bitcoin #BTC #CPI #macro #crypto
Fresh macro data just dropped:
CPI YoY at 2.9% (as expected, but higher than last month’s 2.7%).
CPI MoM at 0.4% (above forecast of 0.3%).
Core CPI YoY locked at 3.1%.
Jobless claims hit 263K (well above expectations).
Translation? Inflation’s sticky, job market looks softer. Normally, ça met un peu de pression on risk assets.
And indeed, one Bybit whale got liquidated on a $5M BTC long, sending $BTC tumbling to 113,430. But here’s the twist — instead of spiraling, Bitcoin snapped back quickly and is already grinding higher.
This kind of resilience is what keeps me bullish: even when macro throws cold water, the market shrugs it off like a Mediterranean sunburn. The vibes feel like accumulation, not capitulation. 🌊
#Bitcoin #BTC #CPI #macro #crypto
Disclaimer: This content is for informational purposes only and not financial advice.