Bitcoin (BTC) fell immediately on the latest United States consumer price index (CPI) data on Feb. 10 in a surprise move that deflated bulls.
Spot the Bitcoin bear trap
Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it dropped $1,800 after January’s CPI print came in at 7.5%.
Despite being 0.2% higher than expected, surging inflation failed to have the positive impact on risk assets such as Bitcoin that…
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