Crypto Markets & On-Chain Ecosystem Developments

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Bitcoin Faces Short-Term Headwinds from CPI Data, But U.S. Debt Buyback Failure Could Support Mid-Term Rally, Says CoinShares

According to CoinShares research head James Butterfill on September 13, Bitcoin faces an "unusual combination" of short-term weakness and mid-term tailwinds. The U.S. August core CPI rose 0.3% month-over-month, exceeding expectations and increasing odds of Federal Reserve tightening. CME FedWatch
BTC-0.62%
GateNews·4h ago
Bitcoin Faces Short-Term Headwinds from CPI Data, But U.S. Debt Buyback Failure Could Support Mid-Term Rally, Says CoinShares