HomeCoinsBitcoin (BTC)With This Month Set For Peak Inflation, How Will Bitcoin Price Move?

With This Month Set For Peak Inflation, How Will Bitcoin Price Move?

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The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

The news of today is the United States Consumer Price Index December release which came in at just over 7%. By many estimates, this could be the month that the rate of change in inflation peaks. If December is not the peak of acceleration, then it likely occurs in Q1. Our expectations for 2022 is that inflation remains significantly elevated but slows down.

The U.S. CPI for December was released and this month could see peak dollar inflation. How will the bitcoin price reflect that?

First published here

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