Bitcoin (BTC) Volatility In Full Swing As US CPI Data Hits 2.9%

The price of Bitcoin (BTC) is experiencing unusual volatility following the release of the US Consumer Price Index (CPI). As a significant gauge for inflation in the United States, the CPI is at 2.9%, the lowest recorded since March 2021. This reading is crucial for the Federal Reserve as it shows that its monetary policies […] source: https://www.thecoinrepublic.com/2024/08/14/bitcoin-btc-volatility-in-full-swing-as-us-cpi-data-hits-2-9/