Bitcoin (BTC) held its $58,000 price level throughout the European morning before a U.S. inflation report due at 8:30 ET (12:30 UTC). Following a dip toward $57,000 at about 3:30 UTC, BTC is sitting around $58,400 at the time of writing, down 0.34% in the last 24 hours. The CoinDesk 20 Index, which offers a measurement of the broader digital asset market, has risen around 0.2%, suggesting traders are sitting on their hands waiting for the CPI report, which will offer the latest indication on the prospect of a cut to interest rates.
Related posts
-
Namecheap Amasses $73 Million in Bitcoin Revenue With Over 1.1 Million Transactions
Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue... -
Bitcoin LTHs Start Taking Profits – Metrics Reveal Whales Are Actively Spending
Este artículo también está disponible en español. Bitcoin has reached new all-time highs for four consecutive... -
Another U.S. SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
Commissioner Jaime Lizárraga is leaving January 17, he said in a Friday statement, which could give...