BitGo Research Finds Bitcoin’s CPI Reaction Strengthens

BitGo's research indicates a stronger Bitcoin reaction to CPI data since 2020. Bitcoin is under scrutiny as new insights from BitGo Research reveal its reaction to Consumer Price Index (CPI) surprises has become notably stronger since 2020. This growing sensitivity underscores how the current interest rate regime can amplify Bitcoin’s price movements. Additionally, the influx of macro traders using Bitcoin to express views on inflation and policy highlights a significant shift in market dynamics. For more details, check BitGo’s tweet .

Source: Coinfomania