Bitcoin price fails to seal fresh CPI gains as $18K support hangs in balance

Bitcoin price fails to seal fresh CPI gains as $18K support hangs in balance

Bitcoin (BTC) wobbled at $18,000 at the Jan. 12 Wall Street open despite United States inflation continuing to fall.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Bitcoin traders stay wary post-CPI

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering predictable volatility around the release of Consumer Price Index (CPI) data for December.

The first such release of 2023, the event preceded the start of trading on Wall Street, with Bitcoin briefly gapping…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *