After a strong push to $48,500 over the last weekend, the Bitcoin price has registered a modest retrace of around $48,000. The recent pause in the rally to $50,000 comes as investors are keenly watching the developments to the CPI data release, ahead this month. US Economic Data and FOMC Speeches Awaited As the week The post Bitcoin (BTC) Price Rally to $50,000 Halts As Investors Await US CPI Data appeared first on CoinGape .