Bitcoin begins the third week of October defending support at US$82,500, avoiding a fall into its previous 2026 macro range of US$60,000 to US$80,000 ahead of important US inflation data. Wednesday’s US Consumer Price Index and Thursday’s Producer Price Index data provide the main weekly volatility catalysts for risk assets, with markets placing CPI at 3.7% year over year.
Traditionally, cryptocurrencies, stocks, and gold benefit from lower-than-expected inflation readings, as these reduce the likelihood of the US Fed tightening its policy, allowing capital inflows to strengthen. $BTC
Traditionally, cryptocurrencies, stocks, and gold benefit from lower-than-expected inflation readings, as these reduce the likelihood of the US Fed tightening its policy, allowing capital inflows to strengthen. $BTC