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Bitcoin Price Faces CPI Reckoning as Analysts Eye $81,300 Support

News.Bitcoin.com
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Bitcoin Price Faces CPI Reckoning as Analysts Eye $81,300 Support

Bitcoin’s price is hovering near $82,400 on Monday afternoon as Wall Street delivers a mixed performance across major indexes. Investors remain decidedly cautious ahead of pivotal U.S. inflation data scheduled for release later this week, including the consumer price index (CPI) and producer price index (PPI). Bitcoin Slips 1.5% as Crypto Liquidations Top $304 Million […]

Key Takeaways

  1. Bitcoin’s price is hovering near $82,400 on Monday afternoon as Wall Street delivers a mixed performance across major indexes.
  2. Investors remain decidedly cautious ahead of pivotal U.S.
  3. inflation data scheduled for release later this week, including the consumer price index (CPI) and producer price index (PPI).
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.