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Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
CoinGape 2023-01-12 13:23:07

Actual Reason Behind Today’s Bitcoin (BTC) Price Rally Amid US CPI Release

Actual Reason Behind Today’s Bitcoin (BTC) Price Rally Amid US CPI Release
Bitcoin price finally breakout above the key $18K level on Thursday, for the first time in the last two months. Traders anticipate a slowdown in rate hikes by the U.S. Federal Reserve as inflation eases in 2023. The BTC price rises over 5% in the last 24 hours as Wall Street economists expect a drop The post Actual Reason Behind Today’s Bitcoin (BTC) Price Rally Amid US CPI Release appeared first on CoinGape .
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