CPI on June 10 and the FOMC on June 17, Bitcoin’s Next Big Move Will Be Decided in the Next 7 Days
The two macro events that will define Bitcoin’s second-half trajectory land within seven days of each other: May CPI on June 10 and the FOMC dot plot on June 17. April’s headline CPI already came in at 3.8% year over year, the highest reading…
Bitcoin Fell Below $80K as Inflation Shock Ripples Through Markets
Bitcoin tumbled below the key $80,000 level this week after a series of inflation reports rattled financial markets and forced a sharp reassessment of Federal Reserve policy expectations. The leading cryptocurrency had briefly traded as high as $82,700…