Ahead of the Fed’s upcoming CPI report, Bitcoin and Ethereum are bullish.
The Consumer Price Index (CPI) measures the rate of change in the price of various goods and services in the United States. It’s used as a key indicator for measuring inflation.
Bitcoin (BTC) broke its near-term sidewise momentum, with the leading cryptocurrency hitting a new monthly high of $18,287.30, according to data from Coingecko.
At press time, BTC is changing hands at around $18,165, up 4.1% over the past 24…
Source link
