Bitcoin Drifts as Regulatory Path Narrows Before Inflation

Tuesday’s session reminded the market that crypto does not get to opt out of macro. The weakness was not idiosyncratic this time — it traveled alongside a broad selloff in equities, a quietly narrowing window for the year’s biggest crypto bill, and a CPI print that the rates market has already pre-judged in the hawkish direction. The acute tailspin risk around Strategy is lower than it was a week ago. That is a different thing from a constructive setup.