According to insights from WuTalk and analysis by XWIN Research Japan, the U.S. CPI in March 2026 rose 3.3% year-on-year, signaling a resurgence of inflation and shifting the market's understanding of BTC pricing. However, the institution believes this round of inflation is more driven by supply-side shocks like rising oil prices and supply chain disruptions, rather than overheating demand. In this environment, BTC can no longer be simply viewed as an inflation hedge. Its price is more influenced by real interest rates, the U.S. dollar, liquidity, and overall demand changes. In 2026, with inflation still relatively high, BTC actually weakened, highlighting that Bitcoin is truly trading along the chain of "inflation → monetary policy → liquidity → demand," rather than inflation itself. https://(wublock123.com)/news/inflation-acceleration-changing-btc-pricing-logic-59422