Bitcoin Tumbles With Worst CPI Inflation Report! Where BTC Price is Heading Next?

Bitcoin Tumbles With Worst CPI Inflation Report! Where BTC Price is Heading Next?


coinpedia
2022-09-13 14:11:14

The post Bitcoin Tumbles With Worst CPI Inflation Report! Where BTC Price is Heading Next? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideOn September 13, Bitcoin (BTC) quickly fell below $22,000 as US inflation data disappointed forecasts. After the Consumer Price Index (CPI) inflation for August came in at 8.3% year over year, BTC/USD quickly dropped $1,000. The overshoot indicated that inflation was not dropping at the anticipated rate despite the assumption that the most recent figure …