Bitcoin price falls below $56,000 despite low CPI increase, indicating bearish trend.
From Cointelegraph
September 11, 2024 10:41 AM:
Bitcoin (BTC) price drops below $56,000 as CPI increase is smallest since February 2021, leading to weakness in BTC market.
The cryptocurrency market experiences bearish trend as BTC/USD falls below $56,000 despite lowest year-on-year CPI increase since February 2021.
Read more at Cointelegraph: Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%