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The market is paying too much attention to US–Iran headlines, while the bigger macro signals may be elsewhere.
📌 Strait of Hormuz developments
📌 Brent crude prices
📌 US CPI
📌 Treasury yields
Higher oil prices don’t automatically mean $BTC has to fall.
The bigger issue is whether sustained oil strength feeds into inflation and forces the Fed to keep a more hawkish stance.
For crypto, CPI and the market’s reaction in US Treasury yields could matter far more than the geopolitical headlines themselves.
#CPIToResetFedBets #HormuzDealUnresolved #AIInfraEarningsWatch
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