Bitcoin Volatility Expected Ahead of US Inflation Data Release
Bitcoin's price is showing volatility as the market anticipates the release of U.S. inflation data for November. The Consumer Price Index (CPI) is expected to show a 3.1% increase. This data release is significant because it could influence future interest rate decisions by the Federal Reserve. Market participants are closely watching these macroeconomic indicators for signals about the direction of monetary policy and its potential impact on Bitcoin and other crypto assets.
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