Bitcoin is under short-term pressure due to renewed US inflation data that has revived expectations of tighter monetary policy and higher interest rates. US consumer prices rose more than expected in September, driven largely by gasoline and other essentials, causing markets to reconsider rate hikes. Crypto analyst Scott Melker advises investors to look beyond short-term market reactions and focus on the long-term outlook where fiscal strain and monetary expansion could support Bitcoin's value. Despite short-term declines, Bitcoin's appeal remains tied to concerns over inflation, policy uncertainty, and potential government money printing.
Bitcoin's short-term pressure from inflation concerns is shown against a broader cryptocurrency market snapshot on Pluang as of Oct 15, 2026 03:51 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. Among these, Balancer (BAL) gained 11.14% to Rp16.297, contrasting with Basic Attention Token (BAT) which dropped 12.59% to Rp3.056, and Harmony (ONE) down 9.15% to Rp28. Typical hold times vary from 85 days for BAL to 152 days for ONE, illustrating diverse investor behavior across assets.
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