Bitcoin faces an $8,000 trading trap as US midterms approach
Two sizzling inflation experiences in two days resulted in Bitcoin falling beneath $80,000 on Oct. 15. September CPI accelerated to three.7% from 3.4%, and producer costs jumped 1.3% on the month, the biggest rise since March 2022 and greater than double the forecast in most surveys. Can-Luca Köymen, funding strategist at Sygnum, mentioned in a…
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