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Bitfinex Alpha: Amid Bitcoin Volatility, Inflation Rears Again

February 21, 2023
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According to the Bitfinex Alpha report, the data shows that the Fed may raise interest rates by more than 25 basis points in the future. Inflation accelerated in January this year, and although the headline CPI fell year-on-year, some categories of consumer spending showed continued inflation. All of these factors combined may delay the return of the Fed to its 2% target rate.

BTC prices rose to $25,000 last week, an eight-month high. The options market had previously shown a bullish bias, but now maintains a neutral outlook on the market. Bitfinex Alpha analyzes the 25% Delta deviation to better read market sentiment.

In addition, data showed that for the first time in a year, new capital flowed into the market. Bitcoin Xiami addresses reached 43.2 million, a record high.

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