DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Bitcoin Cryptonews

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) ro...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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?

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context