PANews, June 10th - According to BIT analysis, Bitcoin hovered around $60,000 ahead of tonight's US CPI data release, with market sentiment cautious. Investors are simultaneously digesting signs of a slowdown in AI-themed trading and renewed geopolitical tensions surrounding the Iran conflict. Furthermore, the market is gradually realizing that higher inflation will exert sustained pressure on the asset.

The options market further confirms this growing caution. The implied volatility of put options continues to outpace that of call options, pushing option volatility skew deep into negative territory, even below levels seen during the height of the Iranian conflict. Bitcoin is currently facing triple risk aversion pressures: inflation stickiness, declining risk appetite for AI-related assets, and geopolitical uncertainty. Tonight's CPI data will be the first key test. Ultimately, however, these three themes are highly interconnected.