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Bitcoin's Recovery Faces Renewed Macro Pressure Amid Firmer Inflation

Guavy AI Editorial Team
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BTC
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Bitcoin's recent recovery towards $80,000 has been accompanied by renewed macroeconomic pressure. According to CoinShares, firmer-than-expected core inflation is one factor limiting expectations for easier Federal Reserve policy.

The latest Consumer Price Index (CPI) data showed a core reading stronger than expected, which could limit the Fed's ability to ease monetary policy quickly.

CoinShares reported that digital asset investment products recorded $243 million in weekly outflows, reversing about $1.3 billion in inflows from the previous week.

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