š Bitcoin Braces for Volatility as U.S. Inflation Data Looms
- Bitcoin's 30-day implied volatility recently surged to 90%, hinting at potential price swings with the upcoming U.S. inflation report.
- The Consumer Price Index (CPI) is expected to show a 2.6% YoY increase, the first since March, possibly impacting BTC's stability.
- Historically, inflation data has led to both downturns and rallies in Bitcoin's price, making today's report a key event to watch.
- With BTC hitting $90,000 this week, will inflation data fuel further turbulence? Share your thoughts in the comments! š