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

There’s a wide gap between how experts are viewing Friday’s inflation data and how the bitcoin market is pricing in the impending figures. What to know : Bitcoin traders are pricing in only a 2.5% move around Friday’s U.S. inflation report, signaling a potential non-event. Implied volatility in bitcoin has dropped to its lowest since January, even as March CPI is expected to hit 3.4% amid an Iran war–driven energy shock. Analysts say each inflation reading could sway Fed rate-cut expectations and bitcoin’s next move, highlighting a gap between expert concerns and market pricing.