Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
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Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Coin-turk.com

2023-11-14 20:08:55

Bitcoin Faces Selling Pressure Despite Lower-than-Expected Inflation Data

Bitcoin Faces Selling Pressure Despite Lower-than-Expected Inflation Data

Today’s released inflation data in the US came in below expectations, and Bitcoin had its eye on the $37,000 level during the Wall Street opening on November 14th, but it faced significant selling pressure in the last hours. Data from TradingView showed that Bitcoin price reacted noticeably to the slowing inflation expectation reflected in the Consumer Price Index (CPI) data for October.The post Bitcoin Faces Selling Pressure Despite Lower-than-Expected Inflation Data appeared first on COINTURK NEWS.

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