Macro Pressure Keeps Bitcoin CappedMacro Pressure Keeps Bitcoin CappedMacro Pressure Keeps Bitcoin Capped 

Inflation, not growth, is the binding constraint for digital assets right now. Core CPI excluding energy came in below expectations, but energy did the damage: the gasoline component alone accounted for 60% of last month’s CPI print, lifting headline inflation to 4.2%, more than double the Fed’s 2% target. Markets are pricing one to two […]
The post Macro Pressure Keeps Bitcoin Capped appeared first on ETF Trends.