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Bitcoin Price Consolidates Above $60,000 After Hot US Inflation Data – Is An “Uptober” Price Surge Still Coming?
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Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
The Bitcoin (BTC) price is consolidating just below $61,000 in wake of the release of a slightly hotter-than-expected US CPI inflation report for September.
The YoY rate of headline Consumer Price Index inflation clocked in at 2.4% for September, a little above the expected 2.3%.
The YoY Core CPI rate was 3.3%, meanwhile, a tad above the expected 3.2% reading.
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