Bitcoin Reclaims Ground as Soft June CPI Eases Rate-Hike Bets
Headline CPI dropped 0.4% versus 0.1% expected and core was flat, undercutting the hawkish drift that had pushed July hike odds to 42% just a day earlier.
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Headline CPI dropped 0.4% versus 0.1% expected and core was flat, undercutting the hawkish drift that had pushed July hike odds to 42% just a day earlier.
The monthly print marks a clean reversal of the Q2 recovery trade — ETF outflows and geopolitical anxiety are dragging the chart, not spot positioning alone.