Sometimes markets speak. This is what I'm hearing: Meh, another number -- CPI waning after nonfarm payrolls showed weakness last week. Much ado about nothing compared to the next 10% move in the S&P 500. Is has to be up, or else, particularly for Bitcoin and cryptos to not keep going down. It's only August and the trading year of a lifetime may be getting started. Or just meh if stocks keep rising. Bitcoin has already flunked that test in 2026 -- what happens when stocks drop. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tjnftarkv2tj {BI COMD} #Bitcoin #stockmarket #macroeconomics @Bloomberg(Mike McGlone)