Market maker Wintermute shared in its market insights that inflationary pressures are re-entering the core narrative, with market sentiment shifting within five trading days from 'when will rates be cut' to 'will rates be raised.' In the digital asset space, BTC briefly surged past $82,000 driven by progress on the CLARITY Act but later fell back to around $78,000, marking a weekly drop of 5.7%. ETH saw a weekly decline of 10.2%, while ETH/BTC dropped to approximately 0.0275. Wintermute believes last week's BTC breakout was primarily driven by leverage and short covering rather than confirmed spot buying. The $76,000–$78,000 range is seen as a key short-term support for BTC. However, given rising yields and accelerating inflation, a swift institutional re-entry may not be easy. https://(wublock123.com)/news/wintermute-bitcoin-rally-reversed-by-inflation-macro-pressure-61329