Eurozone Bitcoin CPI rises 18.2% in March, impacting purchasing power
Samara Asset Group reported an 18.2% rise in the Eurozone Bitcoin CPI for March, indicating a decline in Bitcoin’s purchasing power against eurozone goods. The data is being viewed as a bearish headwind for BTC prices, with traders watching a prediction-market scenario that still prices Bitcoin staying above $68,000 on April 26 at 99.6% YES. Market participants are cautious amid rising inflation and geopolitical risks (notably US‑Israel/Iran tensions), with some traders eyeing a possible drop to $60,000 by April 30. Order‑book depth is significant—$67,413 is needed to move the market by five points—so many investors are waiting for clearer macro signals before committing.