Core CPI Ran Hot, Hike Odds Hit 88% — and Bitcoin Just Shrugged: $77K Held, Ether Broke $2,600, and the 60-Vote Cliff Is 3 Days Out
Bitcoin was supposed to break. Core CPI ran hot, the 30-year Treasury yield punched to 5.309% — its highest since June 2004 — and CME FedWatch now prices an 88% chance of a Fed hike in four days. Instead, $77K held, Ether tore through $2,600, and the only people who got hurt were the shorts. That is not a market absorbing bad news. That is a market that already ate it. ...