🚀 Bitcoin Defies Gravity at $118K: ETF Tsunami & CPI Fuel Crypto’s Bull Run

Wall Street's favorite digital gold keeps punching higher—ETF inflows and cooling inflation data send BTC hodlers into euphoria.

The ETF Effect: Institutional Floodgates Open

BlackRock's crypto cash firehose just turned up the pressure. Another $1.2B poured into spot Bitcoin ETFs last week—traders are front-running what might be the biggest wealth transfer since the invention of the Bloomberg terminal.

CPI Plays Wingman

With inflation dipping to 2.8%, the Fed's rate-cut whispers grew louder. Suddenly every hedge fund manager remembers their "digital assets" PowerPoint slide from 2021.

The Cynic's Corner

Meanwhile in traditional finance: Goldman Sachs launched its 47th "blockchain innovation" working group while still charging 2% for wire transfers that take three business days.