Bitcoin Price Stalls as Inflation Data Looms Over December
Bitcoin's price movement has stalled, trading under $90,000, as the market awaits key inflation data releases this week. Analysts suggest that these macroeconomic indicators will significantly influence Bitcoin's trajectory for the remainder of December. The Federal Open Market Committee (FOMC) announcements have already contributed to market volatility. Investors are keenly observing how the inflation data will impact monetary policy and risk sentiment, potentially setting the stage for either a bullish or bearish close to the year for Bitcoin and the broader crypto market.
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