- The US August CPI report is set to test whether Bitcoin can break above $80,000 and whether the digital-asset market’s rebound can continue.
- The path of core CPI and energy prices could shift the odds of a rate hike, with direct implications for investor sentiment and digital-asset prices.
- If CPI comes in below forecasts, conditions could support further gains in Bitcoin, Ether and Solana. If it exceeds expectations, however, concern over additional tightening and profit-taking selling could amplify volatility.
Forecast Trend Report by Period
Aug. 11 August CPI Due at 8 p.m.
Forecast to Rise 0.4% From a Month Earlier
Focus on Core Inflation and Rate-Hike Risk
With Bitcoin nearing the $80,000…
