Bitcoin shrugs off US CPI win as Binance CEO says BTC ‘leading pack’
Bitcoin fails to claw its way back to $104,000 and higher despite a would-be inflation tailwind and multiple liquidity grabs over the past 24 hours.
Key points:
Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day.
Traders see BTC/USD buying time before its next move, and a trip below $100,000 is on the cards.
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