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U.S. inflation just came in hotter than expected at 3.8% vs 3.7%, and markets felt it instantly.
That small miss is enough to throw cold water on rate cut hopes. Traders were betting on cooling inflation to unlock liquidity for crypto and tech, but persistent price pressure means the Fed might keep rates high for longer.
Higher rates = tighter liquidity = more pain for risk assets. Bitcoin and alts are already stalling as volatility spikes.
Next few days are critical with Fed chatter and bond yields in focus. These CPI surprises usually bring quick panic, then sharp moves either way.
Stay sharp and don’t ignore macro when it’s driving the tape.
#USCPIHits3.8% #DailyOrbit #CLARITYAct309Pages
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