CPI is at 8 month low.$LTC Core CPI is almost at 5-year low.$OM Job market is cooked. Bankruptcies are rising.$ESP Credit card delinquencies are going up. Housing market is in trouble.
And still, Powell is acting like the economy is stronger than ever and only concern is the inflation.
Powell already made a horrible mistake by continuing QE for longer in 2021, which destroyed the markets in 2022.
He is doing something similar again by being hawkish for longer than needed.
Just now, US CPI and Core CPI data got released.$OM
CPI came in at 2.4% vs. 2.5% expected, while Core CPI came in at 2.5% vs. 2.5% expected. $RVN The US CPI is now at its lowest level since April 2025, right before when tariffs were imposed.
Core CPI is at its lowest level in almost 5 years, when the entire US economy was in lockdown.
This means, despite the Fed's claims of inflation heating up, it's trending lower.$ESP
Meanwhile, the other aspect of the US economy is breaking.
Seoul’s Gangnam Police reportedly lost 22 $BTC ($1.5M) seized in a 2021 case.$ESP
Funds were moved from a USB cold wallet even though the device was never stolen and the breach went unnoticed for years after the case was suspended.$AUCTION
🔥LATEST: 🇺🇸U.S. Senate Banking Committee says it is working with SEC Chair Paul Atkins on the crypto market structure bill aimed at positioning America as the global crypto capital. $BTC $ZEC $ESP
⚡️NEW: STANCHART SLASHES $BTC TARGET, FLAGS RISK OF $50K DROP$ESP
$800B banking giant Standard Chartered cut its end-2026 Bitcoin target to $100,000 from $150,000 and warned of a near-term slide to $50,000.
The bank also trimmed its $ETH forecast to $4,000 with downside risk to $1,400, citing ETF outflows, weaker macro conditions, and delayed Fed rate cuts for the drop in forecasts.
LATEST: ⚡ Aave Labs has introduced a governance proposal called "Aave Will Win" that includes directing 100% of product revenue to the DAO treasury.$BTC $ESP $AVNT
⚠️US stock market is CRASHING on renewed AI FEARS:$BTC $ESP $AVNT
The "AI Scare Trade" is spreading from sector to sector, crushing stocks across the board.
It started with software, then moved to private credit, insurance brokers, financials, real estate services, and today logistics stocks are plunging double digits.
The latest trigger was a press release from Algorhythm Holdings claiming its AI platform enables customers to scale freight volumes +300% to +400% without adding headcount.
What stands out most is not the selling itself, but the COMPLETE LACK OF WILLINGNESS from investors to step in and defend during any of these sharp selloffs.
Names previously considered AI winners are now being reassessed for disruption risk as well.
Every day, a new sector falls victim to AI disruption fears.
🚨JPMORGAN TURNS BULLISH ON CRYPTO $ESP JPMorgan is growing more optimistic on crypto in 2026, even as the market struggles to recover from the Oct. 10 crash.$BERA
Total digital asset market cap has dropped from $3.1T a month ago to $2.3T today, an $800B decline.$AVNT
🚨BREAKING: 💰 Strategy start issuing more preferred stock for Bitcoin buys rather than selling common stock, addressing investors worried about share volatility, CEO Phong Le told Bloomberg. $AVNT $ESP $BERA
🚨NEW: ELON MUSK SAYS X MONEY TO LAUNCH EXTERNAL BETA IN 1–2 MONTHS $AVNT $ESP $BERA Elon Musk confirmed X Money is live in internal beta and will roll out to a limited external beta within 1–2 months before expanding globally, making it the central hub for monetary transactions across X.