Bitcoin Dips to $119K—Brace for Inflation Data Shockwaves

Bitcoin's bull run hits a speed bump as prices retreat to $119K. All eyes now turn to looming inflation figures—the market's favorite volatility catalyst.

When CPI sneezes, crypto catches a cold

The king of crypto's 5% pullback looks tame... until you remember Wall Street's inflation obsession. Wednesday's data drop could trigger anything from a 20% flash crash to new ATHs—because when has crypto ever reacted rationally to macro news?

Traders are hedging like it's 2021 again. Options markets show surging demand for both $150K calls and $100K puts. Meanwhile, Bitcoin maximalists are dusting off their "inflation hedge" narratives while altcoin degens pray the Fed doesn't ruin their leverage game.

One thing's certain: the SEC won't save you this time. The regulator's too busy collecting $50M settlement checks from projects that spent it all on Dubai crypto conferences.