Bitcoin Article

Will Bitcoin Retreat? Wall Street, Kalshi’s US CPI Inflation Estimate as Oil Prices Rebound

On March 11, 2026 by

Crypto market participants are bracing for US CPI inflation data today, with Bitcoin sliding more than 2% to below $69,500 ahead of the release. Oil prices’ rebound is keeping traders uncertain about market direction, as the US-Iran war narrative has turned into an oil crisis.

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