According to The Kobeissi Letter, S&P 500 futures jumped above 6,990 to a new record high after U.S. Core CPI came in below expectations, with a 7,000 test possible today (source: The Kobeissi Letter on X, Jan 13, 2026). The equity futures surge following a softer inflation surprise points to a risk-on tone that has historically coincided with elevated intraday volatility in BTC and ETH around CPI release windows (source: Kaiko research). No specific CPI figures or additional policy context were provided in the source post (source: The Kobeissi Letter).