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US consumer inflation has topped 4%, and analysts say the reading puts fresh pressure on both Bitcoin and gold.
Markus Thielen, head of research at 10x Research, said his firm continues to view the current macro environment as a headwind for Bitcoin.
Why the Inflation Print Matters for $BTC The mechanism is straightforward even if the price action rarely is.
When inflation runs above expectations, markets reprice the likelihood that central banks keep rates elevated for longer — or push them higher still.
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