BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week

BTC/USD 1-day candle chart . Source: TradingView

Should this continue or even decline more than expected, hopes that the Fed will decrease rate hikes faster — or even cancel them altogether — will increase. , the chances of a 25-basis-point rate hike this month currently stand at 75% versus a 25% chance of a large 50-basis-point move.Longer term, skeptics, including “Big Short” investor Michael Burry, maintain that inflation will return, with the Fed obliged to raise rates again as a result.

Jan. 8, he wrote in an open letter to Silbert, marked a deadline for the situation to be resolved, but with time up, Silbert himself disputes this.

100$ sent to my boy Peter for helping me.

🦬🦬🚀🚀📈📈

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No doubt this is bullish! BTC keeps on pushing higher. It's amazing how DeFi is unlocking such amazing opportunities. HODLing for the long run 🚀 defi crypto

It's exciting to see Bitcoin's value on the rise, but it's important to keep an eye on potential market influences like CPI and the Digital Currency Group situation.

The DeFi revolution is just beginning🚀 and the strong Bitcoin and crypto numbers show that investors are increasingly confident in the blockchain space. We can only expect more bullish momentum ahead!

Bitcoin não é solução para nenhuma crise financeira mundial!

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