Bitcoin's bullish momentum runs into Pentagon-backed inflation warning

Bitcoin's bullish momentum runs into Pentagon-backed inflation warning

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enCrypto Daybook AmericasShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin's bullish momentum runs into Pentagon-backed inflation warningWhat you need to know for April 23, 2026By Omkar Godbole|Edited by Sheldon Reback Apr 23, 2026, 11:14 a.m. Make preferred on A Pentagon briefing stoked inflation concerns. (David Mark/Pixabay)What to know: Bitcoin’s latest push toward $80,000 stalled as rising oil prices, driven by risks around the Strait of Hormuz, tightened financial conditions and stoked inflation concerns.Rising energy costs and higher government bond yields are weighing on risk assets, even as U.S.-listed spot bitcoin ETFs log their strongest week of inflows in a month.Analysts warned that bitcoin’s recent gains are being powered mainly by perpetual futures rather than spot buying,

Source: https://www.coindesk.com/daybook-us/2026/04/23/bitcoin-s-bullish-momentum-runs-into-pentagon-backed-inflation-warning