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Coinpedia
2023-05-10 07:42:40

Bitcoin News: Bullish or Bearish, How Will BTC Price React To CPI Reports Today?

Bitcoin News: Bullish or Bearish, How Will BTC Price React To CPI Reports Today?

The post Bitcoin News: Bullish or Bearish, How Will BTC Price React To CPI Reports Today? appeared first on Coinpedia Fintech News Today, the core inflation data is set to be released, with the expectation of a slight decrease from 5.6% to 5.5%. If this anticipated reduction materializes, it could further weaken the U.S. Dollar Index (DXY) while providing a boost to the cryptocurrency market. Bitcoin’s Price Scenarios Based on CPI Data The CPI figures have a …

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