🔴The U.S. Department of Labor reported that inflation in January 2025 reached 3% year-over-year, rising by 0.1% compared to December.
🔴Bitcoin reacted negatively to the news, dropping to $94,200. Futures liquidations exceeded $84 million within an hour, with most losses coming from long positions. Previously, Arthur Hayes predicted that BTC could surge to $1 million in the event of significant inflation acceleration.