Bitcoin Price Today Ahead Of CPI Data Release

The post Bitcoin Price Today Ahead Of CPI Data Release appeared first on Coinpedia Fintech News

Bitcoin price is holding the $76,500–$77,000 support zone, but the level is becoming increasingly fragile ahead of Friday’s CPI report. Inflation is forecast at 3.4%, while higher average oil prices in August could increase the risk of a hotter reading. A stronger-than-expected CPI could add pressure on the Federal Reserve ahead of next Wednesday’s FOMC …