BTC Faces Inflation Risks as DOE Offers 40M Oil Barrels
The offer cannot affect August PCE data, and deliveries would not begin until November. Any Bitcoin impact would depend on how oil expectations feed into inflation and rate outlooks.
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The offer cannot affect August PCE data, and deliveries would not begin until November. Any Bitcoin impact would depend on how oil expectations feed into inflation and rate outlooks.
The SPR is now at its thinnest since Reagan's first term, and the next refill decision is the open question for crude traders and inflation watchers.