Macro· ★★★· bearish·

CoinShares: US inflation pressures bitcoin but bullish fundamentals intact

  • —Bitcoin lost 2% on the week and trades near $81,473
  • —September CPI topped estimates; producer prices rose at the fastest pace in over four years
  • —CoinShares expects data-driven sideways trading rather than a sustained downtrend
  • —The Fed hiked rates in September and meets again late this month
Why it matters: Hot inflation curbs hopes for Fed easing and tightens liquidity, though institutional flows via spot ETFs provide a liquidity floor absent in past cycles.
#BTC
Source: Bit2Me News
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