Bitcoin's reaction to 3.4% CPI is lukewarm: Why do macro trades fail?
2026-08-13 17:36:22
According to CoinMeta, as reported by Cryptonews, despite the US CPI data in August being 3.4%, the price of Bitcoin did not experience significant fluctuations. Instead, it only rose by $210, representing a gain of 0.33%. This phenomenon indicates that Bitcoin's reaction to important inflation data has gradually weakened over the past three months, and there have been fundamental changes in the market's expectations and response mechanisms to CPI. Analysis suggests that in the past, CPI data was a major driver of Bitcoin price fluctuations, but now the market no longer seems to rely on these data. After the release of CPI on August 12th, Bitcoin's price only fluctuated slightly, indicating a significant decrease in the market's sensitivity to macroeconomic data.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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