Bitcoin Price Eyes CPI Data: Will Inflation Trigger its Next Breakout or Breakdown?

Bitcoin initially fell more than 3.5% this week, retreating from $114,000 to the $107,000 range as traders turned cautious ahead of the October 24 U.S. Consumer Price Index (CPI) release. Meanwhile, it reversed the loss with a 1.6% uptick in the past day, trading at $109,879.  Why Does the October 24 CPI Report Dictate Bitcoin’s […] Read The Full Article Bitcoin Price Eyes CPI Data: Will Inflation Trigger its Next Breakout or Breakdown? On Coin Edition.