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BTC Faces CPI Stress Test as Hot Inflation Keeps Hike Bets Alive
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CoinEx News: The U.S. Bureau of Labor Statistics is scheduled to release May CPI at 8:30 a.m. ET on June 10, with economists watching whether headline inflation accelerates toward about 4.2% year over year from April’s 3.8%, while core CPI edges up toward 2.9% from 2.8%. The setup follows a stronger-than-expected 172,000 May payroll gain and a 4.3% unemployment rate, keeping traders focused on a higher-for-longer Fed path as 10-year Treasury yields hover around the 4.5% area.

For crypto, the key is whether a hot print looks like an energy-driven spike or a broader inflation pass-through into core services. An upside surprise could confirm the rates-and-dollar squeeze already pressuring BTC near the $60,000-$63,000 zone and slowing spot ETF demand, while an in-line or softer print may ease near-term macro pressure and reopen room for a relief bounce.

Source: CoinEx

Disclaimer: The current content is provided for reference only and does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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