Just noticed Bitcoin picked up some momentum after the March CPI report came in cooler than expected, with core inflation only rising 0.2%. Pretty interesting how sensitive BTC seems to be to these macro data points lately. The bitcoin price action this year has definitely been tied more closely to Fed expectations and inflation readings than usual. Looks like markets are reading this as a positive signal for rate policy. Worth keeping an eye on how bitcoin price this year continues to track against upcoming economic data releases.

BTC0.38%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin