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Analysts' Views on U.S. Inflation Impact on Bitcoin
Analysts from Bitget Research and Moon Pursuit Capital discuss how the upcoming U.S. inflation report could influence bitcoin prices. Ryan Lee of Bitget Research notes that a recent selloff has reduced leverage in bitcoin, but may not have fully cleared riskier bets. Utkarsh Ahuja of Moon Pursuit Capital advises caution on assuming quick Fed policy easing, as he will watch the inflation figures alongside the bond market's reaction. The article also mentions the potential impact of oil prices on inflation concerns.