Bitcoin Price Drops as Inflation Data Triggers Macro Hawkishness

Bitcoin's price dropped 1.13% on September 14 to $76,442.96, with a seven-day decline of 3.49%. The decrease was driven by hawkish macroeconomic repricing and rising U.S. Treasury yields ahead of the Federal Reserve policy meeting.

The hotter-than-expected inflation data led institutional forecasters to adjust their rate outlooks, causing investors to reduce risk asset exposure across portfolios.

U.S. spot Bitcoin exchange-traded funds recorded net capital outflows after a period of sustained demand, weakening spot liquidity and reducing bid depth across institutional exchanges.