BitcoinWorld Bitcoin Faces Triple Macroeconomic Pressure as U.S. CPI Data Looms as First Major Test Bitcoin is consolidating near the $60,000 level as traders brace for the release of U.S. Consumer Price Index (CPI) data later today, which analysts at BIT (formerly Matrixport) describe as the cryptocurrency’s first major test amid a confluence of macroeconomic headwinds. The digital asset is currently navigating three simultaneous pressures: persistent inflation concerns, fading investor [...] This post Bitcoin Faces Triple Macroeconomic Pressure as U.S. CPI Data Looms as First Major Test first appeared on BitcoinWorld .