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Crypto Rally Hits Pause Button as Traders Wrestle With Inflation Reality Check
Crypto Rally Hits Pause Button as Traders Wrestle With Inflation Reality Check
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Bitcoin and altcoins stall after latest CPI data throws cold water on ’moon soon’ fantasies. Market breather—or the start of a deeper correction?
Inflation numbers don’t lie (though Wall Street analysts might). With the Fed now likely to keep rates higher for longer, crypto’s ’risk-on’ party faces an existential question: buy the dip or brace for impact?
Meanwhile, traditional finance bros smugly adjust their spreadsheets—because nothing says ’I told you so’ like a 2% Treasury yield.
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