Everyone’s awaiting U.S. inflation figures, but bitcoin traders couldn’t care less

What Happened

Bitcoin traders are pricing in minimal price movement ahead of Friday's U.S. inflation report for March. Options data shows expectations of just 2.5% volatility, within normal ranges. The implied volatility index dropped to 46.5%, lowest since January 31. Experts anticipate inflation jumped to 3.4% year-on-year from February's 2.4%, largely due to Iran war-driven energy price spikes and gasoline exceeding $4 per gallon.

Key Entities

AI Tools