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The macro outlook ahead might still be a tail risk for bitcoin:native and crypto.
ISM Prices Paid is a leading indicator for CPI, as it represents the input costs manufacturers are facing.
Since corporates are at the frontline of energy and raw material price increases, they'll feel it first.
ISM Prices Paid is still rising, signaling that inflation ahead would still be a problem.
Let's see how the market reacts, especially coming into the FOMC next week.