Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge
Published . Updated .
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This report is about crypto and inflation and prices.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-11.2% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.
- TIP iShares TIPS Bond ETF-0.5% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- COIN Coinbase Global-31.4% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- MSTR Strategy-21.8% 30d
Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- MARA MARA Holdings-7.7% 7d
MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- RIOT Riot Platforms-52.5% 30d
Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- WMT Walmart+16.0% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- COST Costco Wholesale+15.7% 30d
Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IBIT | +5.40% | +5.44% | base | +0.89% | after close | after close | after close |
| TIP | -0.07% | +0.06% | base | -0.15% | after close | after close | after close |
| COIN | +16.89% | +16.70% | base | +5.56% | after close | after close | after close |
| MSTR | +8.13% | +8.32% | base | +3.30% | after close | after close | after close |
| MARA | +10.19% | +11.35% | base | +6.92% | after close | after close | after close |
| RIOT | +14.49% | +15.93% | base | +10.44% | after close | after close | after close |
| WMT | -6.59% | -5.06% | base | -1.93% | after close | after close | after close |
| COST | -4.67% | -4.31% | base | -1.78% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge www.marketscreener.com
Source: www.marketscreener.com
Price since this story was published: iShares Bitcoin Trust ETF (IBIT)
| Company | When | Move | Status |
|---|---|---|---|
| Coinbase Global (COIN) | that day | +5.56% | still updating |
| Coinbase Global (COIN) | three days earlier | +16.70% | final price |
| Coinbase Global (COIN) | five days earlier | +16.89% | final price |
| Costco Wholesale (COST) | that day | -1.78% | still updating |
| Costco Wholesale (COST) | three days earlier | -4.31% | final price |
| Costco Wholesale (COST) | five days earlier | -4.67% | final price |
| iShares Bitcoin Trust ETF (IBIT) | that day | +0.89% | still updating |
| iShares Bitcoin Trust ETF (IBIT) | three days earlier | +5.44% | final price |
| iShares Bitcoin Trust ETF (IBIT) | five days earlier | +5.40% | final price |
| MARA Holdings (MARA) | that day | +6.92% | still updating |
| MARA Holdings (MARA) | three days earlier | +11.35% | final price |
| MARA Holdings (MARA) | five days earlier | +10.19% | final price |
| Strategy (MSTR) | that day | +3.30% | still updating |
| Strategy (MSTR) | three days earlier | +8.32% | final price |
| Strategy (MSTR) | five days earlier | +8.13% | final price |
| Riot Platforms (RIOT) | that day | +10.44% | still updating |
| Riot Platforms (RIOT) | three days earlier | +15.93% | final price |
| Riot Platforms (RIOT) | five days earlier | +14.49% | final price |
| Ishares Tr (TIP) | that day | -0.15% | still updating |
| Ishares Tr (TIP) | three days earlier | +0.06% | final price |
| Ishares Tr (TIP) | five days earlier | -0.07% | final price |
| Walmart (WMT) | that day | -1.93% | still updating |
| Walmart (WMT) | three days earlier | -5.06% | final price |
| Walmart (WMT) | five days earlier | -6.59% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 60 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 77 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Coinbase Global (COIN), worth $1,001 - $15,000 on 10 Aug 2026. That is 85 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Strategy (MSTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 85 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 36 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 21 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around iShares Bitcoin Trust ETF (IBIT)
Companies mentioned with this story
- IBIT iShares Bitcoin Trust ETF
For “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story
- TIP Ishares Tr
Ishares Tr (TIP) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge.” Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- COIN Coinbase Global
Coinbase Global (COIN) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge.” Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story
- MSTR Strategy
Strategy (MSTR) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge.” Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story
- MARA MARA Holdings
MARA Holdings (MARA) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge.” Reason on file: MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story
- RIOT Riot Platforms
For “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge,” Riot Platforms (RIOT) is linked, with no stored direction, medium confidence. Reason on file: Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story
- WMT Walmart
Walmart (WMT) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge.” Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- COST Costco Wholesale
For “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
iShares Bitcoin Trust ETF (IBIT)
On 3 Nov 2026, “Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge” is the story that connects iShares Bitcoin Trust ETF (IBIT) to this story.
iShares Bitcoin Trust ETF (IBIT) is on the page because iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story
Also listed, Ishares Tr (TIP): iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
Price levels for iShares Bitcoin Trust ETF (IBIT)
COIN traded between 135.46 and 192.80 across 20 sessions. The latest close on file is 137.85. IBIT traded between 43.03 and 49.09 across 20 sessions. The latest close on file is 43.35. TIP traded between 103.77 and 105.67 across 20 sessions. The latest close on file is 105.27.
A simple score for iShares Bitcoin Trust ETF (IBIT)
46 out of 100Price not final
“Bitcoin Well : Inflation Is 3.7%. Bitcoin Is Down 38%. So Much for the Hedge” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.