Headline CPI inflation in the US is on a clear upward trend.
The annualized inflation rates for both the last 3 and 6 months show inflation has been re-accelerating since the Federal Reserve started discussing rate cuts.
This creates a risk that the Fed will turn more hawkish

A more hawkish Fed would likely hurt Bitcoin's price. This is a key risk that needs monitoring.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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