December US consumer prices came in at 2.7% year-over-year, meeting expectations. But here's where it gets interesting—core CPI only printed 2.6%, beating the 2.7% consensus forecast.
When inflation reads cooler than expected, markets tend to celebrate. And that's exactly what happened. Risk assets exploded higher. Small-cap stocks ran, and Bitcoin caught the upside momentum too.
On the trading side, yesterday's signals continue to deliver. Long positions on Bitcoin and copper are both working out well. The macro backdrop is shifting, and that's opening doors for traders watching the right setups.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
MEVSandwichVictim
· 5h ago
The core CPI this time is indeed interesting. Bitcoin has truly benefited from this boost, but it's hard to say how long this trend can be sustained.
View OriginalReply0
SnapshotDayLaborer
· 5h ago
Core CPI is performing so well, no wonder this rally is so strong.
View OriginalReply0
BakedCatFanboy
· 5h ago
The core CPI figure is impressive, directly injecting enthusiasm into BTC.
View OriginalReply0
AlwaysAnon
· 5h ago
Core CPI beats and the market immediately rallies. The market logic is really incredible haha
Hey wait, are the bulls about to start storytelling again?
Copper and Bitcoin rising together—this combo is a bit strange
As soon as inflation data improves, everything soars. Can this wave hold up?
Macroeconomic changes open the door... sounds just like the next trap
View OriginalReply0
FarmHopper
· 5h ago
Core CPI is so strong, no wonder Bitcoin was excited yesterday.
December US consumer prices came in at 2.7% year-over-year, meeting expectations. But here's where it gets interesting—core CPI only printed 2.6%, beating the 2.7% consensus forecast.
When inflation reads cooler than expected, markets tend to celebrate. And that's exactly what happened. Risk assets exploded higher. Small-cap stocks ran, and Bitcoin caught the upside momentum too.
On the trading side, yesterday's signals continue to deliver. Long positions on Bitcoin and copper are both working out well. The macro backdrop is shifting, and that's opening doors for traders watching the right setups.