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Zentrova
Zentrova
$BTC CPI and PPI both came in cooler, yet Bitcoin is still falling. BTC is around $62,749, with the critical $63K level barely holding. Normally, softer inflation and growing expectations for a September rate cut would support risk assets. But this time, the market isn’t responding. Geopolitical tension between the US and Iran is weighing heavily on risk appetite, pushing capital toward traditional safe-haven assets instead. The regulatory backdrop isn’t helping either. Progress on the SEC’s “Reg Crypto” framework and the Clarity Act has stalled, with implementation reportedly pushed toward 2027. Meanwhile, spot trading volume has fallen to its lowest level since 2019, showing just how weak current buying interest is. When good news stops pushing prices higher, that’s a warning sign. #SandiskInvestorDayRally #CPIPPIEaseFedSplit #SP500Nears8000

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