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cryptonews 2023-08-10 14:37:00

Bitcoin Price Prediction as Core Inflation Data is Announced – Can BTC Blast Past $30,000?

The Bitcoin (BTC) price is little moved in the mid-$29,000s in wake of the latest core US inflation data that has reaffirmed that price pressures continue to ease in the US economy. The Core Consumer Price Index (CPI) rose 0.2% MoM in July, in line with expected and unchanged from June, while the YoY metric rose 4.7%, a tad lower than the expected 4.8% and down slightly from June.... Read More: Bitcoin Price Prediction as Core Inflation Data is Announced – Can BTC Blast Past $30,000?

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