Bitcoin at $92,000 and inflation expectations

[gwolf666]

The price of Bitcoin stays around $92,000, a level that reflects both stability and tension in the market. What matters most for me is that this halt happens precisely when investors expect the upcoming publication of the US inflation rate, which could set the course of risk assets.
Over recent weeks, Bitcoin has moved past euphoria related to its highs and is now in a consolidation phase. I view such behavior as positive, as it allows the market to stabilize for a while and gives traders time to reassess new opportunities. Inflation, in the meanwhile, has become the main external factor: if higher than expected, it could be dealt with by the Federal Reserve through the tightening of monetary policy, with downward pressure on cryptocurrencies as a result.