Inflation cooled, but policy did not
CPI came in softer than expected, yet markets still price almost zero probability of near-term rate cuts
Reason sits beneath the headline: energy-driven inflation and geopolitical pressure keep the Fed cautious
$BTC reacted as expected, pushing toward the mid-70K range, but the move feels more liquidity-driven than structurally confirmed
Rates staying higher for longer caps upside speed, not necessarily direction
So, the setup becomes asymmetric: easing inflation supports risk assets, but delayed cuts limit expansion
Can BTC can keep grinding higher without actual monetary easing behind it??
🚨 $1.3 TRILLION at risk.
Banks say stablecoins could drain $1.3T in deposits and $850B in loans.
But White House economists say banning yields would barely move the needle, just 0.02% (~$2.1B).
Meanwhile, users are already earning up to 3.5% on USDC.
If the impact is this small, it tells you one thing: stablecoins are not a threat anymore; they’re becoming part of the system.
That also means regulation may move forward faster now.
And if yield stays available, more capital could keep shifting onchain over time.