#CPI #Macro #BTC $BTC
Hey, guys,
core inflation came out as forecast at 2.5%, so it slowed down as expected, since July last year was out of the sample.
August inflation came out higher than expected at 0.3% (forecast 0.2%).
The S&P500 futures reacted with a 0.5% drop in the moment, let's see what will happen at the market opening (in an hour). I don't like that cluster volumes are formed on top of the sidewall, they can pull up and then go down.
Crypto is still holding at 56K support.
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Stay tuned.
