- Entry
- $112,337.00
- Now
- $64,977.36 -42.2%
- Target
- —
- Score
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Think about what the pitch was for the last decade. When inflation comes back, when governments lose control, when there's conflict over real resources, you'll want a hard asset outside the system. Yesterday we got the full scenario. May CPI at 4.2% year over year, first time above 4% in three years. Oil at $91 after touching $95, because Iran closed the most important chokepoint on the planet. Missiles hitting US military facilities. The Dow dropped 900 points. And bitcoin? …
— ORIGINAL POST ·
CPI just printed 4.2%, the Strait of Hormuz is closed, and bitcoin is down 11% on the year. This was supposed to be the moment.
· r/CryptoMarkets
· Jun 11, 2026