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Cryptocurrencies: 29546
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Cryptocurrencies: 29546
Markets: 110432
Market Cap: $2,232,172,446,308     
24h Vol: $61,131,946,391
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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