Bitcoin Tends to Become More Volatile Around Monthly U.S. Inflation Releases: Kaiko

Therefore, an above-forecast inflation reading might strengthen the case for continued rate hikes, bringing pain to risk assets, including cryptocurrencies. On the flip side, bitcoin may see volatility on the higher side if the data misses expectations.

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• Source: https://www.coindesk.com/markets/2023/05/10/bitcoin-tends-to-become-more-volatile-around-monthly-us-inflation-readings-kaiko/?utm_medium=referral&utm_source=rss&utm_campaign=headlines