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Bitcoin Traders Should Watch Wider Inflation Metrics, Not Just CPI

Wider metrics suggest a flare-up in inflation in months ahead, which may trigger a sharp repricing of interest rate expectations, bringing downside volatility to risky assets, including bitcoin.

Updated Aug 10, 2023, 5:30 p.m. Published Aug 10, 2023, 10:34 a.m.
Traders may want to look at more than just the CPI for clues about inflation. (Getty Images)
Traders may want to look at more than just the CPI for clues about inflation. (Getty Images)