3 hours ago

BTC Reverses 3.5% Pump Ahead of CPI — Will Inflation Data Trigger a Crypto Comeback?

Bitcoin reversed 3.5% pump dropping from $114,000 high to $107,000-$108,000 support zone ahead of October 24 CPI data, as gold marks -8% two-day drop erasing over $2.5 trillion in market cap with Bitwise projecting 3-4% capital rotation from gold to Bitcoin could push BTC to $240,000.

The post BTC Reverses 3.5% Pump Ahead of CPI — Will Inflation Data Trigger a Crypto Comeback? appeared first on Cryptonews.

Source: Cryptonews →