cpi

bitcoin

Bitcoin Traders Eye U.S. CPI Data for Potential Price Boost

* The U.S. Consumer Price Index (CPI) data this week could influence Bitcoin's price rise. * Positive CPI results may lead to Bitcoin price increases. * Bitcoin has dipped 2% to $62,570 after briefly touching $64,000 on Monday. * CPI is projected to rise by just 0.1% in

bitcoin

Bitcoin's All-Time Highs Hinge on US Inflation Slowdown

* Bitcoin needs US inflation to slow down to reach all-time high. * Analyst predicts new high if inflation is 3.3% or lower. * Inflows into Bitcoin ETFs expected to remain strong. * Bitcoin price influenced by CPI results, not random movements. * Previous instances show Bitcoin price decline after high CPI results. * Bitcoin