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BITDailyChart# | Tonight’s CPI Could Determine Bitcoin’s Next Major Move
Markets are now pricing in 2.6 Fed rate hikes over the coming quarters, a sharp reversal from the rate-cut expectations that helped launch Bitcoin's fifth bull market in early 2023. Since September 2025, expectations have steadily shifted toward tighter monetary policy, creating a meaningful headwind for Bitcoin and other crypto assets.
Fed Governor Christopher Waller has also indicated that the Fed is at a crossroads, a notably hawkish comment.
As a result, tonight's CPI report is critical for Bitcoin. An inflation reading above 4.0% would likely reinforce expectations for further tightening and add to downside pressure.
Disclaimer: This content is provided by a contracted analyst for informational purposes only and does not constitute investment advice. Investing involves risk.
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