anokeljungeu
@anokeljungeu
The latest U.S. CPI data showed an unexpected rise, signaling higher inflation. This could pressure the Federal Reserve to keep interest rates high, which often hurts risky assets like Bitcoin (BTC). Higher rates make safe investments like bonds more appealing, reducing demand for BTC. Historically, BTC struggles when inflation surprises upward, as seen in past dips. Short-term, BTC might face downward pressure, but long-term trends depend on broader market sentiment and adoption. Keep an eye on Fed moves!
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