cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Higher Inflation Shakes Bitcoin: Could Whales Prepare to Capitalize on Retail Overreactions?

-

by

cryptd.in
in

Inflation in the US climbed more than anticipated, which rattled the crypto market. Bitcoin initially dropped to $94,000 but staged an unexpected recovery by rebounding to $98,000 before settling at $96,000.

As discussions around “CPI” reached their highest level in 15 months, data suggest that this could very well be a classic case of “sell the rumor, buy the news.” Additionally, whales could capitalize if retail FUD intensifies amid inflation concerns.

Retail FUD Could Create Whales’ Buying Opportunity

The US Consumer Price Index (CPI) report revealed inflation rising more than forecasted, which prompted strong reactions in crypto markets. CPI increased 0.5% month-over-month, driving inflation to 3.0% annually, above the expected 2.9%. Core CPI, excluding volatile food and energy prices, also rose 0.4% monthly and reached an annual rate of 3.3%, thereby outpacing estimates.

Shortly after the release of the CPI report, Bitcoin experienced a brief dip before staging a slight recovery. According to Santiment’s latest insights, this movement could suggest that well-informed insiders had early knowledge of the higher-than-expected inflation data. Despite this, Bitcoin quickly rebounded to a peak of $98,100 as retail investors began to express concern.

Discussions surrounding CPI reports have shot up across social media, including X, Reddit, Telegram, 4Chan, Bitcointalk, and Farcaster, ultimately hitting their highest point in 15 months. This uptick was indicative of traders’ increased focus on inflation data amidst an already volatile market environment.

The CPI report sparked “confusion and concern” and impacted not just cryptocurrencies but also traditional financial markets. After consistent interest rate reductions through 2023 and 2024, the Federal Reserve surprised many by halting these cuts during the November 2024 FOMC meeting.

With inflation in the US climbing alarmingly high, many analysts believe it could be a while before the next round of rate cuts, which typically boost markets. The sharp rate hikes of 2022, linked to the massive crypto correction, are still fresh in people’s minds. Santiment has warned that retail traders may start exiting crypto markets if the Federal Reserve delivers a third consecutive disappointing decision, which could then lead to an increased FUD.

Santiment also noted that the number of total holders on the Bitcoin network has been declining, which is often viewed as a bullish indicator. The ideal outcome would involve smaller traders overreacting to the inflation news, giving whales and sharks an opportunity to accumulate more Bitcoin and drive prices higher.

Early price recoveries hint this could be evolving into a “sell the rumor, buy the news” situation.

Bitcoin Buying Pressure in the US

While macroeconomic factors introduced volatility, Bitcoin has seen rising liquidity as large capital inflows support its growing market, as per Glassnode’s 데이터. This, coupled with a resilient long-term investor base, has contributed to stabilizing its price amidst expanding market complexities.

Additionally, VanEck’s Matthew Sigel estimated that proposed strategic Bitcoin reserve bills across several US states could lead to $23 billion in BTC purchases, far surpassing the US government’s 198,100 BTC holdings.

Currently, 19 states have such proposals, with Arizona and Utah making notable legislative progress, while states like Texas and Montana recently joined the initiative. North Dakota remains an exception, having rejected the idea. If approved, these bills could exert considerable upward pressure on Bitcoin markets.

게시물 Higher Inflation Shakes Bitcoin: Could Whales Prepare to Capitalize on Retail Overreactions? 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (237) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (2) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (29) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (48) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (3) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (3) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (3) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (2) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.