Hot CPI Print Pushes Fed Rate Hike Odds to 70%, Bitcoin ETFs Bleed $449M, Oil Holds Above $100

**Capital Copilot** (0:00)
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Let's get into it. Core inflation delivered a punch to rate cut hopefuls. August CP showed Core a 0.3% month over month, exceeding forecasts and pushing year over year Core to 2.4%.
Headline hit 3.4% in Yule. Bitcoin dropped by from 77,200 to 76,700, currently trading $77,937.
Ethereum holding $2,507.
Treasury yields exploded. Ten-year jumping to near 5%.
30-year hitting 5.353%, highest since June 2007
Market now pricing 70% odds of a Fed rate hike at next week's September 15th meeting. Traders hedging against up to 75 basis points of tightening through year end. Bitcoin ETFs are hemorrhaging capital. Thursday saw $283 million in outflows, largest single day since mid-July. Three-day bleeding totals $449 million. ARK 21 shares led with $164 million out. Grayscale lost $36 million. Fidelity shed $34 million. Total Bitcoin ETF net assets now $97.5 billion. Momentum clearly shifting as rate hike fears intensify.
Oil and geopolitical risk converging. Brent crude holding $104 after Iran-backed Houthis seized Yemen's Mocha port and advanced toward Bayabal-Mandeb Strait. 8.1 million barrels per day flow through that choke point. Saudi Arabia launched strikes. Houthis fired back targeting Saudi cities. WTY briefly topped 100 Diesel hitting record 6.05 per gallon. Energy-driven inflation keeping pressure on Fed. Equity markets closed lower for fourth straight session Thursday. Dowdown 316 S&P off 45 NASDAQ dropping 172 Friday CPI. Data now in. Attention shifts to Fed decision next week. Diesel at record highs. Bond yields at multi-year peaks. Crypto capital fleeing to sidelines. Next 72 hours critical as markets position for potential policy pivot. That wraps your market intel. Trade smart out there. For deeper insights and real time analysis, visit capitalcopilot.io.