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Bitcoin Bitcoin Share: 58.63%
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CoinGape
2022-10-14 04:51:01

Dump and Pump: Bitcoin (BTC) Does Major Short Covering in Hours After CPI Release

Dump and Pump: Bitcoin (BTC) Does Major Short Covering in Hours After CPI Release

On Thursday morning, the U.S. reported its worse-than-expected CPI data for September 2022 leading a major slide in the crypto market. Bitcoin and the border crypto market reacted immediately with the BTC price tanking all the way down to $18,000. However, as on-chain data provider Santiment reported, the BTC price started rising higher as the The post Dump and Pump: Bitcoin (BTC) Does Major Short Covering in Hours After CPI Release appeared first on CoinGape.

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