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coinpedia 2022-09-13 14:11:14

Bitcoin Tumbles With Worst CPI Inflation Report! Where BTC Price is Heading Next?

The post Bitcoin Tumbles With Worst CPI Inflation Report! Where BTC Price is Heading Next? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideOn September 13, Bitcoin (BTC) quickly fell below $22,000 as US inflation data disappointed forecasts. After the Consumer Price Index (CPI) inflation for August came in at 8.3% year over year, BTC/USD quickly dropped $1,000. The overshoot indicated that inflation was not dropping at the anticipated rate despite the assumption that the most recent figure …

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