Analysts discuss how U.S. inflation data may influence Bitcoin's market direction

The U.S. Department of Labor is set to announce September inflation data, with Dow Jones surveyed economists estimating the consumer price index rose 0.6% month-on-month and 3.6% year-on-year, and core CPI forecast to increase 0.2% from August and 2.5% annually. Analysts like Ryan Lee of Bitget Research suggest a hotter-than-expected print could trigger liquidations due to adjusting Treasury yields and Fed expectations, while Utkarsh Ahuja of Moon Pursuit Capital warns higher inflation could support the dollar and increase the cost of capital for crypto. A moderate core inflation reading might ease rate expectations, but a hotter report could push dollar and Treasury yields higher, pressuring digital assets.