Rate hike odds jump after hot inflation print; Bitcoin rises toward $78K
Following the 3.4% US inflation print, market-implied rate hike odds jumped ahead of the Fed's meeting next week, with some commentary suggesting a hike may be coming. Bitcoin rose toward $78K despite the higher hike odds, a move analysts described as inconsistent with typical risk-asset behavior.
Detected & updated continuously · Source: Nebula
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@Kylechasse
US inflation held steady at 3.4%, while rate hike odds jumped and Bitcoin pushed toward $78K. That reaction makes no sense on paper. Higher hike odds should pressure risk assets, yet BTC is moving higher. Either the hike was already priced in, or downside positioning got so https://t.co/65e8w0Ok5v
@ING_Economics
US inflation is still too hot, suggesting a rate hike may be coming at the Fed's meeting next week https://t.co/QXLJB67pjY
@KoinBulteni
📍 Bitcoin, beklentiyi aşan ABD çekirdek enflasyonuna rağmen yükseldi: Beklenen Fed faiz artışı neden sınırlı tepki yaratabilir? https://t.co/2Xig1mtail
@CoinSharesCo
US inflation has made the near-term setup harder for Bitcoin, with global digital asset ETP flows turning negative this week. At the same time, Treasury pressure is building as bond buybacks struggle to bring long-term yields down. @jbutterfill looks at what that could mean for https://t.co/F1xW3Y7Oqd