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US inflation soars to 3.3% in largest jump since 2021 – so why did Bitcoin barely move?

CryptoSlate
Bitcoin’s stability amidst rising US inflation suggests a complex interplay between macro energy shocks and institutional investment support.

Summary

US headline inflation rose to 3.3% in March, the largest monthly increase since 2021, primarily driven by energy costs. While high inflation typically pressures risk assets by forcing the Federal Reserve to maintain restrictive policies, Bitcoin remained resilient. This stability is largely attributed to renewed institutional demand through spot Bitcoin ETFs, which act as a buffer against macroeconomic friction. The market now faces a period of uncertainty, where Bitcoin’s performance depends on whether this inflation spike remains a contained energy shock or evolves into a broader, persistent economic trend.

(Source:CryptoSlate)