{"id":240464,"date":"2026-10-16T18:30:57","date_gmt":"2026-10-16T18:30:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=240464"},"modified":"2026-10-16T18:30:57","modified_gmt":"2026-10-16T18:30:57","slug":"hot-inflation-data-puts-bitcoin-under-pressure-but-difficult-isnt-bearish-coinshares","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=240464","title":{"rendered":"Hot Inflation Data Puts Bitcoin Under Pressure, but \u2018Difficult\u2019 Isn\u2019t \u2018Bearish\u2019: CoinShares"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Hot Inflation Data Puts Bitcoin Under Pressure, but \u2018Difficult\u2019 Isn\u2019t \u2018Bearish\u2019: CoinShares<\/a><\/p>\n

<\/div>\n

Bitcoin\u2019s price<\/a> has dropped this week as new inflation data has come in hot.\u00a0<\/p>\n

But while the largest cryptocurrency\u2019s near-term setup is difficult, it\u2019s not \u201cfundamentally bearish,\u201d according<\/a> to European asset manager CoinShares\u2019 Head of Research, James Butterfill.\u00a0<\/p>\n

In a report Friday, the analyst said that bitcoin\u2019s near-term challenge stems from a macro environment that\u2019s caught in an awkward middle ground: inflation is too elevated for the Fed to ease up, while the economy is too resilient to force a policy pivot.\u00a0<\/p>\n

\u201cBitcoin and the broader digital asset market have moved lower on the resulting hawkish repricing, a reminder of how sensitive Bitcoin remains to monetary policy over short horizons,\u201d he wrote.\u00a0<\/p>\n

Bitcoin\u2019s price recently stood at $81,473, down 2% over a seven-day period.\u00a0<\/p>\n

The price of the leading cryptocurrency dropped Wednesday after data showed<\/a> that U.S. consumer prices shot up more than expected in September.\u00a0<\/p>\n

Then, on Thursday, the Labor Department\u2019s Bureau of Labor Statistics said<\/a> that U.S. producer prices rose in September at the fastest pace in more than four years.\u00a0<\/p>\n

This has weighed on bitcoin\u2019s price because higher inflation means the Federal Reserve may hike interest rates. Higher borrowing costs can restrict the liquidity the digital coin needs to rally.\u00a0<\/p>\n

The Federal Reserve hiked rates in September and will meet at the end of this month.\u00a0<\/p>\n

But Butterfill added that investors should be patient and advised investors to instead think in the long-term and not react to any single weekly data point.\u00a0<\/p>\n

\u201cFor investors, that argues for reading the coming weeks as a data-driven range rather than a trend, and for sizing digital asset exposure against a strategic allocation rather than against this week\u2019s print,\u201d he wrote.\u00a0<\/p>\n

Bitcoin spent the first half of 2026 in a bear market but had its best quarter in years after surging in August and September. Analysts have now said<\/a> the leading cryptocurrency is now back in a bull market after trading above its 365-day moving average.\u00a0<\/p>\n

This post Hot Inflation Data Puts Bitcoin Under Pressure, but \u2018Difficult\u2019 Isn\u2019t \u2018Bearish\u2019: CoinShares<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Hot Inflation Data Puts Bitcoin Under Pressure, but \u2018Difficult\u2019 Isn\u2019t \u2018Bearish\u2019: CoinShares Bitcoin\u2019s price has dropped this week as new inflation data has come in hot.\u00a0 But while the largest cryptocurrency\u2019s near-term setup is difficult, it\u2019s not \u201cfundamentally bearish,\u201d according to European asset manager CoinShares\u2019 Head of Research, James Butterfill.\u00a0 In a report […]<\/p>\n","protected":false},"author":0,"featured_media":240465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-240464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/240464"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=240464"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/240464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/240465"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=240464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=240464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=240464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}