CoinShares Research Report: CPI Data Increases the Possibility of a Rate Hike in September, Which Could Be Adverse to Bitcoin in the Short Term
2026-09-12 00:19:55
According to CoinMeta, Wu said that a research report on September 11 pointed out that the latest CPI generally met expectations, with core inflation slightly higher than anticipated. This increased the likelihood of a rate hike in September and reinforced the risk that monetary policy would remain restrictive for an extended period. This poses a short-term headwind for Bitcoin and also weakens the catalysts that the market had previously hoped for to see Bitcoin break through $80,000. The weakening sentiment is already reflected in capital flows; following about $1.3 billion in inflows last week, $243 million has flowed out of digital asset investment products so far this week. The report suggests that, in the absence of dovish catalysts from CPI, Bitcoin's short-term upside may still be limited, and breaking through $80,000 might require weaker economic data, a shift in the Federal Reserve's stance towards a more dovish approach, or other policy catalysts.
Bullish 0
Bearish 1
Source:X
This content is for market information only and does not constitute investment advice.