Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely
Introduction to the Impact of U.S. CPI Data on Bitcoin Prices Bitcoin (BTC) has long been viewed as a hedge against inflation and economic uncertainty. As a result, the release of U.S. Consumer Price Index (CPI) data often plays a crucial role in shaping Bitcoin’s price movements. A ‘soft’ CPI report, indicating cooling inflation, typically … Read more