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Watching ETHUSD action on these inflation calls
CPI print yesterday was a bit hotter than expected, and I'm seeing $ETHUSD staying surprisingly firm around 1864.63. Makes me wonder if the Kalshi contracts for future rate hike probabilities are going to see some interesting shifts, or if the market has already priced in more inflation resilience than we thought.
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ETHUSD strength is probably more about the BTC run than inflation resilience. Kalshi contracts might move, but I wouldn't overthink the CPI effect on crypto in the short term.