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"Crypto Traders Monitor CPI for Bitcoin's Next Move"

1 min read
Source: Barron's
"Crypto Traders Monitor CPI for Bitcoin's Next Move"
Photo: Barron's
TL;DR

Crypto traders are closely watching inflation data as a possible catalyst for the next leg upward for Bitcoin and other cryptocurrencies, which have remained at some of the highest levels since last summer. Bitcoin's price has risen 1.5% over the past 24 hours to $28,325, and its rally has spurred calls for a new crypto bull market, with the largest digital asset up some 70% so far this year.

Topics:businesscryptocurrency#bitcoin#bull-market#crypto-traders#cryptocurrency#digital-assets#inflation-data
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  1. Crypto Traders Eye Inflation Data to Get Bitcoin Rally Back on Track  Barron's
  2. CPI to spark dollar ‘massacre’ — 5 things to know in Bitcoin this week  Cointelegraph
  3. BTC/USD Forex Signal: BTC Sits at a Key Support  DailyForex.com
  4. Bitcoin price: Analyst says CPI could be big market mover  CoinJournal
  5. CPI to spark dollar 'massacre' — 5 things to know in Bitcoin this week By Cointelegraph  Investing.com

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