Bitcoin Drops 9–13% After Recent CPI Prints — Markets Eye US August CPI (2.9% Expected) Tonight 20:30 Beijing Time
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
COINOTAG reports that the US August CPI will be released on September 11 at 20:30 Beijing time. Market consensus points to a non-seasonally adjusted CPI year‑on‑year reading near 2.9%. As a marquee macro release, the US CPI print directly informs inflation expectations and monetary policy pricing, making it a focal point for traders across asset classes including the crypto market.
Notably, following the three most recent CPI releases (June–August), Bitcoin recorded drawdowns in the range of 9–13%. These observed moves highlight elevated volatility around inflation data; market participants are advised to monitor the CPI outcome alongside other macro indicators to calibrate position sizing and risk management, avoiding attribution of causation to short‑term price dynamics.
