Here's how analysts see U.S. inflation influencing the price of bitcoin ( BTC): Crypto Daily
Summary
Ahead of September U.S. CPI data, economists forecast a 0.6% monthly and 3.6% annual rise in headline inflation, with core CPI up 0.2% monthly and 2.5% annually. Analysts say bitcoin’s response will depend on how the figures alter expectations for Federal Reserve rates and bond yields. Persistent inflation or rising yields could revive leveraged-position liquidations, while softer data may improve risk appetite. ETF flows and oil prices are additional factors; a WTI rally toward $100 or its September high of $106.75 could stoke inflation concerns and pressure risk assets.
