Bitcoin Price Today Ahead Of CPI Data Release

Bitcoin Price Today Ahead Of CPI Data Release



The post Bitcoin Price Today Ahead Of CPI Data Release appeared first on Coinpedia Fintech News

Bitcoin price is holding the $76,500–$77,000 support zone, but the level is becoming increasingly fragile ahead of Friday’s CPI report. Inflation is forecast at 3.4%, while higher average oil prices in August could increase the risk of a hotter reading. A stronger-than-expected CPI could add pressure on the Federal Reserve ahead of next Wednesday’s FOMC …



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Pin It on Pinterest