Bitcoin battles US sellers as CPI inflation sees first drop since mid-2024
BTC price action sees only temporary relief from lower-than-expected US CPI inflation as familiar Wall Street sellers spoil Bitcoin bulls’ latest charge.
Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching three-day highs of $84,437 on Bitstamp before reversing.
