Bitcoin's Volatility Linked to Monthly U.S. Inflation Releases.
TL;DR Summary
Bitcoin tends to experience increased intraday volatility in the six-hour window before and after the monthly US inflation data release, according to Paris-based crypto data provider Kaiko. The cryptocurrency market could see heightened price turbulence later today if the inflation data misses or exceeds expectations. The Federal Reserve's data-dependent stance on monetary policy could also impact the cryptocurrency market.
Topics:business#bitcoin#cryptocurrency#cryptocurrency-market#federal-reserve#us-inflation#volatility
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