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CoinGape
2022-07-13 08:51:57

How Will Bitcoin (BTC) React To Sky-High Inflation Data?

How Will Bitcoin (BTC) React To Sky-High Inflation Data?

Bitcoin (BTC) entered a holding pattern on Wednesday, ahead of data that is likely to show a massive spike in U.S. inflation. BTC is hovering above $19,000- and is expected to hold around that level until the U.S. inflation reading. The Consumer Price Index (CPI) is expected to have risen by about 8.8% year-on-year in The post How Will Bitcoin (BTC) React To Sky-High Inflation Data? appeared first on CoinGape.

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