Macro· ★★★· neutral· October 21, 01:45

BitGo: Bitcoin's Reaction to CPI Data Has Strengthened Since 2020

—Bitcoin's reaction to CPI surprises has grown notably stronger since 2020
—The current interest rate regime amplifies the magnitude of BTC moves
—Macro traders increasingly use Bitcoin to express inflation and policy views
—BitGo says CPI reports are now key catalysts for Bitcoin traders

Why it matters: Bitcoin is increasingly tied to US macro data, making CPI prints a key driver of volatility for traders and holders.

Source: Coinfomania

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