Bitcoin Surges as US July CPI Shockingly Misses Forecasts—Traders Cheer Inflation Cooldown

Markets roar back as crypto leads risk-asset rally

CPI surprise fuels Bitcoin bull run

The king of crypto punched through resistance levels after the latest inflation data showed prices rising slower than Wall Street's gloomy predictions. Suddenly, those 'digital gold' narratives don't sound so crazy.

Traders front-run Fed pivot hopes

With the inflation beast showing cracks, speculators are betting the Federal Reserve might ease up on rate hikes sooner rather than later. Never mind that the central bank still has its foot on the brake—when has that ever stopped crypto degens?

Short squeeze ignites FOMO rally

Liquidation cascades hit bearish positions as BTC ripped through key technical levels. Cue the usual suspects: 'This time it's different' tweets, leverage stacking, and that one guy in your group chat suddenly remembering his seed phrase.

Another day, another macro data point twisting the knife in active fund managers—maybe those 2% management fees should include inflation protection.