Bitcoin battles US sellers as CPI inflation sees first drop since mid-2024
BTC price action sees only temporary relief from lower-than-expected US CPI inflation as familiar Wall Street sellers spoil Bitcoin bulls’ latest charge.
Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching three-day highs of $84,437 on Bitstamp before reversing.
English
Spanish
French
German
Arabic
Chinese (Simplified)
Russian
Portuguese
Indonesian
Dutch
Afrikaans
Italian
Vietnamese
Bulgarian
Croatian
Danish
Greek
Hebrew
Hindi
Hungarian
Irish
Japanese
Korean
Norwegian
Persian
Polish
Romanian
Somali
Swedish
Thai